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Gasoline prices are expected to remain high until the weekend of July 4-WOWO1190 AM

(Attachment / Gas buddy)

Fort Wayne, Indiana (WOWO): The American mission plans to pave the way for this Independence Day, and increased demand makes the $ 2.18 per gallon price distant memory last year. I will.

according to it Gas buddy The latest summer travel forecast states that the national average price of a gallon of gas will be around $ 3.11 on July 4.

“Gasoline demand is very strong as the economy continues to recover from COVID-19. Gas Buddy’s oil analyst Patrick de Khan said oil production as oil companies struggle to increase production. Gas prices are higher this summer than in the last few years as volumes decline. “But as market power begins to balance, prices will ease this fall and oil production will rise over time. I think it will rise again and help lower gas prices to the earth as soon as this fall, but behind us the roads can remain bumpy until a pandemic occurs. “

74% of Americans Plan at least two road trips This summer.

Gasoline prices are expected to remain high until the weekend of July 4-WOWO1190 AM

Source link Gasoline prices are expected to remain high until the weekend of July 4-WOWO1190 AM

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