If you’ve filled up your vehicle lately, you may have noticed more cash left inside your wallet.
Gas prices are historically low.
Prices on the 4th of July were lower than they’ve been since 2005 according to GasBuddy.
The cause is a result of higher supplies of gasoline and lower demand.
It’s something many drivers said they’re happy about.
“Because we’ve had a 20 percent drop in oil prices. We’ve dropped about 52 dollars a barrel to 42 dollars a barrel,” said the CEO of Chisolm Exploration Cactus Schroeder.