Good news: The worst could be over for gas prices this spring
CNN
Israel and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil refineries. And OPEC continues to hold back oil supply.
Israel and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil refineries. And OPEC continues to hold back oil supply. All of these alarming developments raised fears of $4 gas that would hurt the US economy and worsen inflation. Yet that has not happened, at least not yet. US gas prices have stopped rising and even briefly dipped in recent days. The national average stood at $3.66 a gallon on Monday, down from $3.68 a week ago, according to AAA. Now, there is growing hope that gas prices are at or near a peak for the spring – or perhaps even for the year. Patrick De Haan, head of petroleum analysis at GasBuddy, is predicting drivers will get relief at the pump in the coming weeks.
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