Expert: Gas prices will plunge below $2 by the end of March

Drivers already are paying less at the pump this winter, but prices are about to plummet even more.

The U.S. average price of gas was $2.34 per gallon on Tuesday, down 8 cents from $2.42 a week ago, according to GasBuddy, an online gas price tracker. But prices are expected to drop below $2 a gallon by the end of March, according to the company’s forecast model, with the cheapest gas at $1.85 in the Great Lakes states and the Midwest.

The prediction comes as a price war heats up between two of the largest oil-producing countries and as the spread of the coronavirus continues to strain global travel.

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