(Undated) – The national average for a gallon of regular unleaded has increased once again. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, after 13 straight weeks of decline, average gasoline prices have edged higher. De Haan says this uptick is due, in part, to optimistic comments from the Fed on cutting interest rates in 2024. He says for now, the price of gasoline has already jumped but could ease slightly this week ahead of the New Year. For now, he’s optimistic that we may still have a chance of seeing the first $2.99 national average since 2021 sometime before spring arrives. The current national average is $3.12 a gallon.
Gas Prices Trend Higher as Interest Rates Could be Cut
Dec 27, 2023 | 6:40 AM