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Gas Prices Expected to Stay Elevated as Experts Share Ways to Save at the Pump
Chris Wright says prices could peak soon as loyalty programs, warehouse clubs and price apps offer drivers ways to cut fuel costs.
- On Sunday, the average cost of regular gasoline was $4.05, significantly higher than the $2.98 drivers paid before the US-Israeli conflict with Iran began on February 28.
- Global oil markets remain on edge due to the ongoing Iran war, though Iran claimed on Friday that the Strait of Hormuz was "completely open" to maritime traffic.
- Retailers like Walmart and BP offer loyalty programs providing up to 10 cents off per gallon, while drivers use apps such as GasBuddy to compare prices. "Nobody should be paying the retail price," said analyst Patrick De Haan, head of petroleum analysis at GasBuddy.
- Energy Secretary Chris Wright expects gas prices to peak in the coming weeks and remains optimistic that costs could drop to $3 per gallon between June 20 and September 20.
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Gas prices won't fall quickly. Here are ways to pay less at the pump right now
Gas prices remain elevated, but drivers can save with warehouse clubs, loyalty programs and price apps that help cut costs at the pump.
·Oklahoma City, United States
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Gas prices are sky-high. Here are 8 ways to save at the pump.
There are several ways drivers can save on gas.Joe Raedle/Getty ImagesDrivers can't change high gas prices, but they can adjust their usage.People can work from home, carpool, and combine their trips.AAA's David Bennett also suggests vehicle maintenance, including checking your tires.Joshua Garcia saw the gas price writing on the wall. Garcia, a 40-year-old in Texas, works in logistics. He's acutely aware of how much fuel costs, since he drives …
·United States
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Total News Sources27
Leaning Left2Leaning Right1Center24Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
C 89%
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