Gas Prices Rising but Still Lower vs Last Year

Patrick DeHaan covers the outlook for gas prices as the national average rises to $3.19. He thinks it will continue to rise over the next week, but notes that this is still lower year-over-year. He also notes that the U.S. infrastructure for refineries was mostly built 50 years ago even as sources have changed over the years: from Canadian heavy to Middle Eastern light. He also looks at distillates, including diesel and jet fuel demand.

Next Gen Investing

18 Jun 2025

SHARE

Schwab Network's Newsletters

Daily insights for every investor