Gas Price Inch Closer to the $3 Mark

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(Undated) — For the eighth straight week the price at the pump has seen an increase. According to Head of Petroleum Analysis for GasBuddy, Patrick DeHann, prices continued to surge last week following cold weather related shutdowns in Texas. DeHann says going forward the impact from the cold has likely run its course. However, several other factors will rise in their influence on gas prices again, including gasoline demand. According to GasBuddy, last week’s total gasoline demand soared to the highest level since the pandemic began as COVD-19 cases continue to drop and Americans are filling up more. The current National Average is hovering around $2.75 a gallon. It’s $2.84 a gallon here in Illinois and $2.73 a gallon in Indiana.