The media ignores it, but you undoubtably have noticed. Gas prices are surging again. Not at the records levels in March (yet) nationally, some are seeing record high levels. Some even expect return to record pricing this coming week. So let me guess. Putin? Evil Oil companies? Imagine if we could use more of our resources to drill for more oil and knock the prices down. Too much to ask with a communist regime.
Remember, it’s #BIdenPriceHike.
You may have noticed you’ve been paying more at the gas pump again. That’s because of a number of factors.
Gas Buddy said prices for a gallon of gas have jumped 13 cents in the last week. They said gas prices in the state peaked this year at $4.06 in March. Now, gas prices are averaging $4.04 in Wisconsin.
“Unfortunately, I don’t think gas prices are going to go down soon,” said Raj Bhandari, the owner of multiple gas stations in central Wisconsin.
Last month’s gas prices were lower than March’s noticeably higher gas prices.
“Oil prices have started to heat back up. They’re up to $15 a barrel from their low that we saw a couple of weeks ago,” said Patrick De Hann, head of petroleum analysis for Gas Buddy.
“The reason is that there was a low demand at that time because in April, there’s no travel, no fishing, nothing at all,” said Bhandari.
Now that people are out and about, gas prices are increasing.