Gas Price Trends Lower For Now

(Undated) — Following last week’s increase in the price at the pump, the national average has dipped slightly over the past week. GasBuddy Head of Petroleum Analysis, Patrick De Haan, says oil prices have remained steady. However, they continue to monitor key developments, including ongoing talks between the U.S., Russia, and Ukraine on a potential agreement. De Haan says as we inch closer to March the typical “March madness” will eventually take hold, so motorists may want to enjoy the slight decline while it lasts. He says while he doesn’t see an abrupt spike in the national average just yet, we’re likely to see upward movement in the weeks ahead. The current national average is $3.11 a gallon, three cents lower than a week ago.