Gas prices could dip again this week despite uptick in oil prices, expert says – By Daniella Genovese (FOX Business) / April 4, 2022
Gas prices could dip as much as 9 cents per gallon
Prices at the pump could decline as much as nine cents this week if oil falls back under $100 per barrel and Russia’s war on Ukraine doesn’t intensify, according to an industry expert.
Patrick De Haan, head of petroleum analysis for GasBuddy, estimated Sunday that the national average for gasoline in the U.S. has the potential to dip another 4 to 9 cents per gallon in the week ahead.
He told FOX Business that it’s “more likely” that gas prices will fall if the price of oil stays under $100 a barrel.
But, “if oil stays under $105, they (gas prices) may still decline, though they won’t fall as far,” De Haan said.
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