The owners of a Burnsville Citgo station in North Carolina dropped their price of regular gas to $2.25 per gallon to help customers.
Nationwide, the average price for a gallon of gas is $4.32 and $4.18 in North Carolina, according to AAA.
According to CBN News, the station kept the price at $2.25 until the station ran out of gas in the afternoon. The station owners told reporters they wanted to help people even if they took a loss.
“I think it’s really great and kind of them to do that for people around here like us. It’s really good of them,” said customer Caylie Vess, according to Local News 12.
The station owners said they will get another delivery on Thursday or Friday and will offer gas at a discounted price again soon.
“They really helped out the community,” said Lupita Magana, who filled up her tank at the station Thursday afternoon, according to WFMY-TV. “I told other families they need to go fill up while they had a chance.”
Another customer, Penny Silver, said: “It’s a small town, and we have lots of people who are from here that are so helpful and empathetic.”
Previously, the record high for gas had been $4.11 a gallon, a price reached in 2008.
“Gasoline prices can go up like a rocket and come down like a feather,” said Tom Kloza, global head of energy analysis at the Oil Price Information Analysis, which tracks gasoline prices for AAA.
He said as the summer draws closer, prices could rise to about $4.50 a gallon.
Peace in Ukraine could bring prices down if sanctions on Russia are lifted. Russia is one of the largest exporters of oil in the world, but little Russian oil reaches U.S. customers. However, oil is priced in global commodity markets, so any disruption of flow affects prices worldwide.
CNN also reported that another surge in COVID-19 could also bring down prices.
Related:
Photo courtesy: ©Getty Images/Chutarat Sae-Khow
Amanda Casanova is a writer living in Dallas, Texas. She has covered news for ChristianHeadlines.com since 2014. She has also contributed to The Houston Chronicle, U.S. News and World Report and IBelieve.com. She blogs at The Migraine Runner.