When it comes to gas prices, it seems, we already may have hit bottom and could be seeing the numbers start to rise again, just as large portions of the country are set to come out of coronavirus lockdown.
Americans are beginning to spend more time in their cars again, and the trend will accelerate as more states end lockdowns. The latest report from the Energy Information Agency shows that U.S. demand for gasoline rose 800,000 barrels a day last week, to 6.7 million.
While you may find yourself paying a bit more for gas in the coming weeks, there seems little likelihood we’ll soon see the numbers at your local return to pre-pandemic levels any time soon.
Read the article at The Detroit Bureau.