Gas Has Dropped Below $2 A Gallon At This Station In Oklahoma City

Behold, the land of $2 a gallon gas.

Gas hasn't been this cheap since 2010 in the U.S.

And it was this OnCue Express station in Oklahoma City that led us pas that critical mark on Wednesday, according to GasBuddy.com, a site that tracks gas prices nationwide. Other stations in the region have now followed suit. One station, as of Thursday, is selling a gallon of regular unleaded for $1.98.

(For the record, the Google Street view photo above was taken back when gas was around $2.50 a gallon in Oklahoma City.)

As a kid growing in the post-1970s gas-crisis era of relatively inexpensive petrol, I can remember people saying that Americans would never — never — pay $2 a gallon for gas.

Well, we zoomed past $2 just about everywhere a long, long time ago. But the crashing price of oil globally is translating into major savings at the pump.

In the past decade, the lowest price I can remember paying for gas was about $1.25 a gallon — and at the time, given that I was living in Los Angeles (gas is always more expensive in California, for tax and regulatory reasons), that wasn't all that cheap compared to other places in the U.S.