Gas prices steady amid COVID recovery climb - Live 5 News WCSC

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“It has been a fairly tame last few weeks at the pump for most areas after a particularly active February and March when prices were screaming higher,” GasBuddy Head of Petroleum Analysis Patrick De Haan said. “After surging back then, we’ve seen the price increases fade, and while we haven’t seen much of a decline, prices have been holding near their yearly highs. For now, it feels like the risk of seeing the national average climb to $3/gal has been delayed by a recent surge in COVID-19 cases both here and abroad, limiting the upside to gasoline demand, but should things begin to improve, especially as we get closer to the start of the summer, we still have potential to see summer gas prices at their highest levels in years. Make no mistake, gas prices this year will be tied to the hip of the Covid situation.”

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Gas prices steady amid COVID recovery climb - Live 5 News WCSC
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