So much for OPEC's plan to "re-balance" the oil market.
Quote:
Gas prices at ‘2017 low’ going into July Fourth holiday
February of this year was the last time the price of a gallon of regular unleaded gasoline was this low nationally.
[...]
The price of gas has fallen for 24 consecutive days.
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Gas prices at 'all-time low' going into July Fourth holiday - News - Times Record - Fort Smith, AR
US oil & gasoline stockpiles are still at or near record highs, and the effect of the "summer driving season" on demand appears to be AWOL this year.
Too many people hypermiling, is my guess!