Americans Prepare For Gas Prices To Surge
Get ready folks.
If you haven’t felt the pain of Joe Biden’s inflation yet get ready because analysts have predicted gas prices will once again soar this summer.
According to Yahoo, CIBC Private Wealth senior energy’s Rebecca Babin explained, “I don’t think we’re set up for a quiet, easy-going summer for prices at the pump.”
“I would enjoy it for now, and prepare for higher prices in the summer,”she went on to say.
As of right now, gas prices are sitting at a national average of about $3.42 per gallon which down about 6 cents compared to a week ago.
Babin explained, “I think we’re going to see another uptick and potentially a spike over the summer. The reason for that is that’s going to coincide with when Chinese demand is kind of really ramping.”
Americans who are expecting to travel this summer should be prepared to pay more at the pump sadly it looks like prices are not going to be coming down anytime soon.
