Home News Gasoline Experts Predict Over 4 Dollars a Gallon By May

Gasoline Experts Predict Over 4 Dollars a Gallon By May


US – Gas is going up soon according to a national gas expert group.

Gasbuddy a national tech company based in Boston that operates apps and websites based on finding real-time fuel prices at more than 140,000 gas stations in the United States, Canada, and Australia says in a new report that gas will be over 4 dollars a gallon by May.

A new report from Patrick De Haan, a petroleum analysis says that US averages will push up starting in the spring and spike to over 4 dollars a gallon by the fourth of July. He reported that gas prices will then drip down by next December.

In the report, he said that other than the Covid pandemic not much else can cause a variable in the gas prices for the next year.

“Oil prices can be impacted as President Biden navigates the pandemic while trying to transition the nation away from internal combustion engine vehicles. As such, there have been policy shifts that have had various, yet generally small, impacts on oil and gasoline prices. In addition, as the pandemic continues to evolve with potentially new variants that must be independently studied, there could be turbulence in oil markets as demand for fuels or production of oil changes,” said Patrick De Haan.