Category: oil and gas prices

US Gas Prices Inch Higher as Oil Gets Expensive

April 14, 2023
Business & Marketscrude oileconomyenergyMarketsoil and gas pricesOPEC oilUS
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Gas prices at the pump rose over the past week in the wake of higher oil prices, with experts foreseeing more increases as long as oil costs remain elevated. The national average price for regular gas has risen by $0.08 over the past week, from $3.58 a gallon to $3.66 a gallon as of April…

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Gas Prices Could Exceed $4 per Gallon Next Year: GasBuddy

December 28, 2022
Business & MarketseconomyenergyGasBuddyhigh gas pricesinflationNational average gas priceoil and gas pricesUS
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U.S. average gas prices could cross $4 per gallon by next year, according to a forecast by GasBuddy, which also did not rule out prices hitting $5 per gallon by summer. The year “2023 is not going to be a cakewalk for motorists. It could be expensive,” Patrick De Haan, head of petroleum analysis at…

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