Gasoline prices in the United States are on the rise again, with the national average reaching $3.161 per gallon, up from $3.139 last week and $3.115 last month, according to AAA. Diesel prices have also increased slightly, now averaging $3.632 per gallon.
Why Are Prices Going Up?
The recent spike in fuel prices is mainly due to refinery maintenance and unexpected outages, especially on the West Coast. These disruptions have affected fuel supply in nearby states, causing a ripple effect across the region. While price hikes remain concentrated in the West for now, experts warn that maintenance at refineries in other parts of the country could lead to further increases in the coming weeks.
What’s Next for Gas Prices?
- Seasonal Transition: The switch to summer gasoline blends, which are more expensive to produce, will likely push prices higher.
- Oil Market Uncertainty: Oil prices remain steady, with Brent crude at $74.92 per barrel and WTI crude at $71.03 per barrel. However, political developments, including U.S. President Donald Trump’s efforts to negotiate a Russia-Ukraine peace deal, could impact global oil supply and prices.
- Potential for Stability: If a ceasefire is reached and sanctions on Russian energy are lifted, oil prices could drop, easing pressure on fuel costs.
For now, drivers—especially on the West Coast—should prepare for higher fuel prices in the short term, with possible relief depending on refinery operations and global political events.
