Gas experts have warned that prices at the pumps have nowhere to go but down. in some areas of Hamilton, it was below 80 cents a litre.

People were out taking advantage of the lower price, but there is a reason why this is happening.

Saudi Arabia kicked off an oil price war with Russia at a time when the world is dealing with the Coronavirus.

Experts say Saudi Arabia and Russia have been working together to prop up oil prices for the past three years but the two had a falling out over Saudi Arabia’s insistence that they agree to cut oil supplies by 1.5 million barrels a day.

Goldman Sachs predicts there’s more pain to come and that oil prices could hit $20 a barrel.

People in Hamilton are in fear of a recession.