Where are you seeing these numbers, a simple check of the AAA national average puts it at 1.997 and the lowest average at 1.556.
https://www.cmegroup.com/trading/energy/refined-products/rbo...
Of course the realities of the supply chain won't allow 50 cents a gallon fuel in the US, but it's interesting that April contracts (RBJ20) settled around this $0.55 mark - deliveries will shortly be happening at these ridiculous prices.