Gas Prices

Don’t Get April Fooled by Wobbling Gas Prices

By: Andrew Gross & Devin Gladden

WASHINGTON, D.C. (March 28, 2024)—After an early spring surge, the national average for a gallon of gas spent the past week drifting up and down by a fraction of a cent before settling a penny higher at $3.53. But the break may be temporary, as gas pump prices will likely resume a spring increase.

“Uncertainty of the impact of Ukraine’s targeting of Russia’s oil infrastructure likely spiked oil prices recently,” said Andrew Gross, AAA spokesperson. “But those concerns have abated somewhat for now, and gas prices are settling into a pattern similar to last year when the usual seasonal increase was slow and steady.”

For the complete report, including the latest EIA data and oil market dynamics, please visit https://gasprices.aaa.com/dont-get-april-fooled-by-wobbling-gas-prices/