The biggest gas price surge in years is running out of steam — just in time for the start of the summer driving season.
“While the rise in prices has been steep this spring, perhaps the most important factor is that in many places, gas prices are still well below their all-time highs and perhaps even more importantly, over 50 percent of the nation’s gas stations are selling at $2.99 per gallon or less,” Patrick DeHaan, head of petroleum analysis GasBuddy, said in a press release.
Drivers also found themselves paying more due to disruptions at the nation’s refineries, where crude oil is processed into gasoline, diesel and other products. DeHaan expects gas price relief to continue at least through the first week of June, with the national average settling in a summertime range between $2.65 and $2.90 a gallon.
“I think we end up cheaper as a nation, but that’s not much consolation for people in California that are going to be paying considerably more,” said Tom Kloza, global head of energy analysis at Oil Price Information Service.
Not in Money hungry Democrat run California... gas prices are well over $4 a gallon thanks GavinNewsom TheDemocrats
I paid $2.34 in Florida Wednesday. 😃
Gas prices were said to rise for 2 yrs and now here
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