Today, for the first time since 2009, oil prices dropped below $50 a barrel. Crude oil has shed nearly half of its value in the second half of 2014. While plummeting oil demand may throw the global economy off kilter, the falling prices have given drivers across the country reason to celebrate: cheap gas.
Nationally, the average gas price is around $2.19 per gallon, compared to $2.72 just a month ago, according to industry monitor GasBuddy.com. Austin’s average price is currently hovering around $1.98 a gallon. Still, some retailers have slashed prices below $1.99 and others are still charging well over $2 per gallon. With that in mind, here’s a list of where to find the top five cheapest, and most expensive, gallon of gas in Austin.