Gas prices rising: Drivers could feel 'real pain' at the pump by springtime, expert warns
Oklahoma, Texas, Arkansas still have the lowest average gas prices
FOXBusiness
Drivers could begin to experience "real pain" at the gas pump in the coming months, one industry expert is warning.
It likely won't be until March, as temperatures rise and spring break nears, that "we'll start to see gasoline demand surge, along with refiners doing maintenance ahead of the summer driving season, creating a squeeze," Patrick De Haan, the head of petroleum at GasBuddy told FOX Business.
As a result, drivers may see a "much more pronounced increase in prices" from March to May, according to De Haan.
The national average price for a gallon of gasoline in the U.S. rose to $3.31 this week, up 1.3 cents from a week ago, according to GasBuddy data. This marks the third consecutive week of gains at the pump, giving drivers a rough start to 2022.
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https://www.foxbusiness.com/economy/gas-prices-increasing-spring-2022