Gas prices are expected to see a slight increase next week
⛽️ Gas prices are expected to see a slight increase next week before potentially providing some relief to drivers, according to experts.
Gas prices in the United States are expected to rise slightly over the next week, with estimates suggesting an increase of three to five cents per gallon due to rising gasoline wholesale prices. However, relief may be on the horizon as the country transitions to cheaper-to-produce winter-grade gasoline, particularly after September 16, when most regions, excluding California, make the switch. GasBuddy's Patrick De Haan anticipates a potential decline in the national average from the current $3.84 per gallon to between $3.35 and $3.50 per gallon by year-end. Nevertheless, the situation remains subject to various factors, including oil production cuts by major players like Saudi Arabia and Russia, which could influence prices. Additionally, diesel prices, which have been steadily rising, are of particular concern, as they impact the cost of transporting goods and services, ultimately affecting consumers.
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