Gas Prices Tick Higher

(Undated) — Gas prices continue to climb, driven largely by “seasonal tightening and broader market dynamics.” GasBuddy Head of Petroleum Analysis, Patrick De Haan, says markets will now begin reacting to this weekend’s U.S.–Iran attacks, which have elevated geopolitical risk premiums even in the absence of immediate supply disruption. De Haan says oil prices have firmed as traders assess the potential for further escalation. He says in the week ahead, gasoline prices are likely to face “heightened upward pressure” as seasonal trends continue and markets navigate this evolving geopolitical landscape. The current national average is $3.08 a gallon, a thirteen-cent jump from yesterday’s average.