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Reproduced from EIA; Chart: Axios Visuals

The amount of gasoline American drivers are consuming dropped to levels not seen in more than 25 years, government data shows.

Driving the news: When most of us are staying home and not driving, this is one of the most predictable—but nonetheless still staggering—upshots of the unfolding coronavirus crisis.

The big picture: As the pandemic threatens lives around the world, it’s shutting down a global economy driven by oil consumption. This, along with a related price war between Saudi Arabia and Russia, is sending oil prices—and therefore gasoline prices—into a tailspin.

The intrigue: President Trump is meeting Friday afternoon with oil-company executives to discuss ways to help the imploding sector.

By the numbers:

  • Gasoline consumption dropped nearly 30% in the week ending March 27, compared to the week prior.
  • The current average price for a gallon of gasoline is $1.95, compared to $2.44 a month ago, according to AAA data.
  • Expect both consumption and prices to keep dropping for weeks.

What we’re watching: How low prices could go—and how much they will rise in the future.

  • AAA spokeswoman Jeanette Casselano says it could breach the low mark following the 2008 economic crash, which was $1.68 in January 2009.
  • Patrick De Haan, head of petroleum analysis at GasBuddy, says the average could drop to below $1.50 a gallon. If it goes much lower than that, it hit the lowest level since 2004.

The bottom line: Consider it a cruel coronavirus irony that most people can’t—or at least shouldn’t—take full advantage of these rock-bottom prices. “But the good news is that even once this is over, I expect far more affordable prices this summer due to a hangover in oil supply,” De Haan emails.

Go deeper

How long it’s taken to confirm Supreme Court justices

Expand chart
Data: Axios research, U.S. Supreme Court, Supreme Court Historical Society; Chart: Jacque Schrag/Axios

It takes a U.S. president an average of 70 days from the date a Supreme Court seat is vacated to nominate a replacement, according to data from the Supreme Court Historical Society.

Why it matters: With news outlets reporting liberal Supreme Court Justice Stephen Breyer's plans to retire, Democrats will be looking to confirm President Biden's nominee with enough time to refocus the national political debate ahead of the midterms.

Updated 28 mins ago - Science

Blizzard likely to hit New England this weekend as "bomb cyclone" forms

Computer model projection of the precipitation and wind field from the weekend storm in the Northeast. (Earth.nullschool.net)

A powerful blizzard is likely to strike parts of New England and the Mid-Atlantic beginning Friday and lasting into the weekend, with snow totals that are likely to be measured in feet.

The big picture: The joining of weather systems embedded in both the polar, or northern branch, of the jet stream and the southern branch is projected to create a bomb cyclone. Such storms undergo a process known as bombogenesis, with their minimum central air pressure readings plunging at least 24 millibars in 24 hours.

Schumer vows to confirm Breyer replacement "with all deliberate speed"

Chuck Schumer. Photo: Alex Wong/Getty Images

Senate Majority Leader Chuck Schumer responded Wednesday to reports that Supreme Court Justice Stephen Breyer will retire, commending his time on the bench and promising to confirm President Biden's nominated replacement "with all deliberate speed."

Why it matters: The opportunity to appoint a new Supreme Court justice will be one of the longest-lasting pieces of Biden's legacy and could energize Democrats ahead of the midterms.