Patrick De Haan, head of petroleum analysis at GasBuddy argues the 'worst may be behind us' as it pertains to gas prices, but outlines the different factors that could change that.
Boch called the promotion "April Fuels Day" and told Cavuto he would consider doing another gas giveaway in November and would call it "Tanksgiving." The March inflation data is the first to capture the full effect of the European war, which sent gas prices in the U.S. to the highest since 2008. Price increases were widespread in March with energy prices rising a stunning 11% from the previous month, now up 32% from last year. Gasoline, on average, costs 48% more than it did last year after rising 18.3% in March on a monthly basis as the Russian war in Ukraine fueled a rapid increase in oil prices. , signifying a 24-cent drop from last month, when prices hit records.
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