GasBuddy Warns Gas Prices Could Surge Again

(Undated) — GasBuddy.com is warning drivers to “brace for another surge” in the price at the pump. GasBuddy Head of Petroleum Analysis, Patrick De Haan, says average gasoline prices surged for many Americans through the first half of last week before easing in some areas after oil prices slipped. However, with a breakdown in talks between the U.S. and Iran, and renewed escalation over the weekend, motorists should prepare for another round of price increases. De Haan says the move toward a full blockade of the Strait of Hormuz is compounding global supply concerns and risks further disrupting flows, which pushed oil prices sharply higher. As a result, gasoline prices are likely to jump again this week, with diesel expected to follow. The current national average is $4.10 a gallon.