Gas prices at highest level since 2014

As Texans hit the roads this summer with pandemic restrictions eased and vaccinations widespread, the national average price of gas is expected to top $3 per gallon, though the average in Texas for regular is $2.799, according to AAA. Drivers should expect prices to keep rising as demand rises, according to the Consumer Energy Alliance.

“With oil’s continued push higher, fueled by continued strong demand globally and production only slowly answering, gasoline prices have had no choice but following oil’s rise last week setting a new 2021 high,” said Patrick De Haan, head of petroleum analysis for Gas-Buddy. “…It appears the only way forward is for gas prices to continue to rise as Americans’ insatiable demand for gasoline continues to act as a catalyst. And with hurricane season soon coming into its prime, we have plenty more catalysts for a rise in price, and few that could restrain the situation. Motorists should prepare to dig deeper for the second half of the summer, unfortunately.”

 

 

 

 

 

 

 

 

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