The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
Summer blend fuel could keep gas prices from droppingMore expensive summer blend gas and refinery maintenance are two issues that could outweigh the lower cost of oil, and keep prices from dropping, according to "While oil prices edged slightly lower on weaker outlooks for economic growth, continued refinery maintenance and the higher cost of seasonal blends of fuel are offsetting oil's decline," Patrick De Haan, GasBuddy's head of petroleum analysis, said.
"The best news for both gasoline and diesel prices is how significant a drop we've seen from year-ago levels, with more disinflation to come in the weeks ahead, even as gas prices are likely to inch up," De Haan continued. If you are looking for ways to save money, you could consider finding a new auto insurance provider to lower your monthly premium.
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