x

Cleveland's Leading Local News: Weather, Traffic, Sports and more | Cleveland, Oh | WKYC.com

This is the first gas station in the nation to hit 99 cents

The station is the first in the nation to reach the mark that GasBuddy had been anticipating could pop up in the Great Lakes states a week or so ago.
Credit: Getty Images/iStockphoto
Colorful Petrol pump filling nozzles isolated on white background , Gas station in a service

CHARLOTTE, N.C. — The first station in the nation to return to 99 cents per gallon is here. 

GasBuddy has confirmed at 6:20 a.m. that a BP station in London, Kentucky has lowered its price to 99 cents per gallon, according to a cashier who answered the phone and also GasBuddy users who reported the price to GasBuddy app.

The station is the first in the nation to reach the mark that GasBuddy had been anticipating could pop up in the Great Lakes states a week or so ago.

"Absolutely amazing to see how quickly prices have fallen, and the return of something few Americans have seen since the early 2000s," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "We're in uncharted waters due to demand plummeting in light of the coronavirus situation, and yesterday oil prices fell to their lowest level since 2002 in a sign of the deep distress our economy is facing."

OTHER STORIES ON WCNC

RELATED: Coronavirus live blog: Italy on track to surpass China's virus deaths as Wuhan reports no new cases

RELATED: Is social distancing getting you down? These Charlotte dogs are looking for a staycation

RELATED: Wall Street futures flat, US dollar holds gains in volatile global market

RELATED: Trump signs 2nd coronavirus relief bill: Real-time updates in the Carolinas Thursday, March 19