Gas Price Post Modest Uptick

(Undated) — With oil prices posting a modest uptick last week, the national average price of gasoline also inched slightly higher. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, as we approach the midpoint of the summer driving season, gasoline inventories remain just below average. In contrast, diesel inventories are considerably tighter, keeping upward pressure on diesel prices. He says while renewed tariff discussions could weigh on oil markets, he expects the national average to remain “rangebound” in the low-$3 per gallon area, where it has spent much of the summer. The current national average is $3.14 a gallon.