National Average Remains above $3 a Gallon

(Undated) — The nation’s average price of gasoline remains above the three-dollar-a-gallon mark. According to GasBuddy.com, the current national average is $3.03 a gallon, six cents lower than a month ago and five cents lower than a year ago. GasBuddy Head of Petroleum Analysis, Patrick De Haan, says the national average saw a slight rise over the last week, as gas prices surged in parts of the Midwest after a refinery fire pushed wholesale gasoline prices sharply higher in the region. He says while the spike in prices in affected areas was significant, relief is likely in the weeks ahead as the situation stabilizes. De Haan says for now, the possibility of a U.S.-China trade deal could lift oil prices on optimism that it would increase trade and reduce tariffs, potentially keeping the national average slightly above the $3-per-gallon mark for a couple more weeks before slipping back below $3 ahead of Thanksgiving.