Gas Prices Likely to Stay Above $3.00 Until October: Analyst
Patrick de Hann, the Head of Petroleum Analysis for GasBuddy, told Fox News in a recent interview that he believes American drivers are unlikely to see relief from high gas prices anytime soon, predicting that the typical seasonal decline in prices won’t kick in until October, and when it does, it will be modest. “Traditionally we see gas prices start declining in mid-to-late August as we start to see things [going] back to normal, kids going back to school, vacations basically ending,” de Hann told Fox Business. “This year, though, I think the concern is that … the normal seasonal down-turning could be mitigated by the fact that offices are starting to see returns by fall and so commutes could start to increase,” he added. Due to the pandemic, tens of millions of Americans shifted to working from home, but with the outbreak increasingly showing signs of tailing off, companies …
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