"However, prices could rise even more, depending on how the crude market responds to the latest news of a US missile strike over the weekend".
February predictions of $4-a-gallon gasoline in California by Memorial Day stalled a bit in March, but prices are climbing again, and not just in California.
While gas prices in Southwest Florida remained flat over the week, the USA average is higher than it has been in more than two years, AAA reported Monday.
Chattanooga had Tennessee's cheapest gasoline on Monday at $2.46 a gallon.More news: White House says no decision yet on fresh Russian Federation sanctions
This comes on the heels of recent weeks of flat prices or slow cost increases, when crude oil prices were hit by some steep dips in stock markets and concerns about a tariff battle between the United States and China.
Average retail gasoline prices in Tacoma have risen 3.1 cents per gallon in the past week, averaging $3.25 per gallon, according to GasBuddy's daily survey of 271 gas outlets in Tacoma. "With the transition to summer gasoline also wrapping up, the reasons gas prices to rise will shrink". "The conflict in Syria has sent crude prices to their highest point in more than three years, and as a result motorists are going to see that at the pump". 49 of the nation's 50 states saw average prices higher versus last week, with the lone exception DE, which fell 0.7 cents. With Baker Hughes, Inc. reporting that the USA added seven oil rigs last week - bringing the total to 815.
Drivers in the Bradenton area already are facing the highest April gas prices in four years, and analysts are predicting costs will surge upwards of 15 cents because of the tensions in the Middle East.
The temperature is rising in Virginia - but so are the gasoline prices.More news: Woolworths turning customers away following IT outage
DeHaan said that OPEC's production cuts have removed more than 500 million barrels - about 1.8 million per day - of supply since they were enacted at the start of 2017.
DeHaan said refinery maintenance has gone well so far, gasoline supply has continued to increase and the transition to summer gasoline supplies is nearly finished. However, we're likely in the closing innings of the seasonal rise - let's just hope we don't go to extra innings.
"That could be very close to what we expect this time around", DeHaan said.More news: Salah wants to break Liverpool record!