High Gas Prices Could Hit Northern Illinois Before Summer
No "fake news" here, experts say gas prices are going to surge just in time for summer vacation plans.
The above image shows your future nemesis, the gas pump. As if we did need more things to suck money out of our bank accounts, filling up your vehicle won't be any easier come spring. Gasbuddy.com says the national average gas price will rise up to $1 a gallon because of a "low January." Adding, "economic jitters could weigh heavily on where gas prices go in 2019."
The average gas price is currently at $2.70/gallon and $.30 might seem like much until you realize you've got a 10+ gallon tank, now you're talking $3+ per fill-up. That adds up in hurry. The important question is, "how long will it last?"
In an article at centralillinoisproud.com,
“While the bargain basement gas prices we’ve been seeing in areas across the country have been terrific and most welcomed, the party at the pump will likely wrap up in the next month or two, and prices will begin to rally as OPEC production cuts and a strong U.S. economy push gas prices back up. While the national average failed to hit $3 last year, we have an even stronger possibility of seeing that ugly possibility, which would push prices in some places from $1.99 today to over $3 this spring,” said Patrick DeHaan, head of petroleum analysis at GasBuddy. “Buckle up for the extra volatility we’re going to see- it could be nauseating.”