(Undated) – The recent blast of winter weather across a large part of the nation is leading to a return to high gas prices. According to Head of Petroleum Analysis for GasBuddy, Patrick DeHann, oil prices have continued to rally as global oil demand recovers from the worst of the COVID-19 pandemic. That coupled with the extreme cold weather in Texas taking nearly 20 percent of U.S. refinery capacity offline, motorists just can’t seem to catch a break. DeHann says we could soon see some of the highest prices since 2019 and the highest seasonal prices in over five years. The current national average is hovering around $2.64 a gallon. Here in Illinois, it is at $2.74 a gallon. It’s $2.64 a gallon in Indiana. Experts say we could see a national average of over $3 a gallon by Memorial Day.
