TUCSON, Ariz. — No, your eyes are not deceiving you! Gas prices in southern Arizona continue to fall, even as low as $1.65 per gallon as of April 27th.
The low gas prices stem from oil prices being so low that producers are willing to pay people to take barrels off their hands. That's an effect from the stay-at-home orders in effect across the country because of the COVID-19 pandemic.
RELATED: Impact in Arizona and Tucson of drop in oil prices
Oil industry analysts say it’s hard for producers to simply stop pumping. That could damage the oil wells and leave oil stuck in the ground just when we need it to help drive the economy.
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