Gas Prices Hold Steady: A Mid-Winter Recap

Gas Prices Stay in the Slow Lane for Now

WASHINGTON, D.C. —The national average for a gallon of gas barely budged since last week, falling two cents to $3.07.  The primary reason appears to be rather humdrum numbers for the cost of oil and gasoline demand.

“I wouldn’t bet the farm on the national average reaching $3 a gallon, even if we are tantalizingly close,” said Andrew Gross, AAA spokesperson. “The mid-winter blahs will likely keep pump prices waffling a few cents up and down for the immediate future. But keep an eye on frigid temps because those can affect refinery production, pushing some regional pump prices higher.”

For the complete report, including the latest EIA data and oil market dynamics, please visit https://gasprices.aaa.com/gas-prices-stay-in-the-slow-lane-for-now/