Another contributing factor De Haan previously mentioned is the loosening of COVID-19 restrictions across the country. With mandates lifted or softened, people will be out more, coinciding with the typical rise of gas costs coming as summer approaches.
AAA also said Monday the increase in gas demand and a reduction in total supply contribute to rising pump prices.
'Be prepared for months of these high prices': How to save money as gas prices smash records
Is it time to buy or sell?: High gas prices are sending stocks lower.
How long will gas prices be this high? How high will gas prices get?
Gasbuddy projects the worse is yet to come for when looking at average prices.
Gasbuddy's 2022 gasoline forecast predicts the average cost of a gallon of gas will peak in May at $4.25. Even as prices begin to decline after May, the average is expected to remain over $4 until November. The average for 2022 is expected to be $3.99.
"It?s a dire situation and won?t improve any time soon. The high prices are likely to stick around for not days or weeks, like they did in 2008, but months. GasBuddy now expects the yearly national average to rise to its highest ever recorded," De Haan said in a Monday news release.
Gas prices and inflation have you down?: Here's how to sell your car to Carvana, Autonation
Where is gas the most and least expensive?
Gas remains the most expensive in California, with the average cost at $5.44, the only state with an average above $5.
Stations across the state are seeing prices above $6, including a Shell gas station in Los Angeles, which had regular gas costing $6.99 per gallon.
The states with the cheapest cost are Missouri, Kansas, Oklahoma and Arkansas. Each state's average price is under $3.80.
Contributing: Marina Pitofsky, USA TODAY; USA TODAY staff reports; The Associated Press
Follow Jordan Mendoza on Twitter: @jordan_mendoza5.
This article originally appeared on USA TODAY: Gas prices keep going up. How expensive is a gallon expected to get?
AAA also said Monday the increase in gas demand and a reduction in total supply contribute to rising pump prices.
'Be prepared for months of these high prices': How to save money as gas prices smash records
Is it time to buy or sell?: High gas prices are sending stocks lower.
How long will gas prices be this high? How high will gas prices get?
Gasbuddy projects the worse is yet to come for when looking at average prices.
Gasbuddy's 2022 gasoline forecast predicts the average cost of a gallon of gas will peak in May at $4.25. Even as prices begin to decline after May, the average is expected to remain over $4 until November. The average for 2022 is expected to be $3.99.
"It?s a dire situation and won?t improve any time soon. The high prices are likely to stick around for not days or weeks, like they did in 2008, but months. GasBuddy now expects the yearly national average to rise to its highest ever recorded," De Haan said in a Monday news release.
Gas prices and inflation have you down?: Here's how to sell your car to Carvana, Autonation
Where is gas the most and least expensive?
Gas remains the most expensive in California, with the average cost at $5.44, the only state with an average above $5.
Stations across the state are seeing prices above $6, including a Shell gas station in Los Angeles, which had regular gas costing $6.99 per gallon.
The states with the cheapest cost are Missouri, Kansas, Oklahoma and Arkansas. Each state's average price is under $3.80.
Contributing: Marina Pitofsky, USA TODAY; USA TODAY staff reports; The Associated Press
Follow Jordan Mendoza on Twitter: @jordan_mendoza5.
This article originally appeared on USA TODAY: Gas prices keep going up. How expensive is a gallon expected to get?
