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Gas Prices and Trends

The topic page on gas prices offers a comprehensive overview of how gasoline prices fluctuate due to various factors, including seasonal demand, refinery maintenance, geopolitical events, and natural disasters. It highlights the impact of these variables on the national average price of gas and diesel, providing insights into trends and future predictions. The articles explore historical data, regional differences, consumer behavior, and the economic implications of rising or falling gas prices. Additionally, the content addresses related issues such as electric vehicle market trends, fuel economy, and government investigations into price manipulation, providing a holistic view of the factors influencing gas prices.

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What $150 oil could mean for gasoline and diesel prices

Beyond inflation, the economic impact is uncertain

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Bank of America says Brent crude could rise above $150 a barrel if oil supplies tighten further. That is a risk scenario, not the bank’s main forecast.

If crude climbed from roughly $100 to $150 and the full increase reached the pump, it would add about $1.19 per gallon to gasoline and diesel.

Diesel could face additional pressure because supplies of the fuel are already tight, raising costs for trucking and deliveries.

Bank of America is warning that crude oil could climb ...

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