Seasonal Gasoline Price Hike Well Underway?
The seasonal price rise for gasoline may already be underway, according to an informal look at the current price report from GasBuddy.com.
Today’s (Feb. 4) report puts the average retail price across the nation at $3.48 a gallon and reflects a steady increase since apparently bottoming out for the winter at $3.25 right before Christmas.
Since bottoming out at $1.61 (!) late in 2008 during the Great Recession, prices have steady risen with seasonal peaks each year.