Gas prices edge up after month-long decline

BALTIMORE, MD—The national average gas price in the U.S. has risen slightly after nearly a month of decline, according to GasBuddy. However, the increase could be temporary as OPEC+ has agreed to increase oil production starting in June, which could lead to prices falling below $3 per gallon soon.

The national average gas price currently sits at $3.12 per gallon, up 2.0 cents from last week but still down 12.0 cents from a month ago and 49.6 cents lower than a year ago. Diesel prices also saw a slight increase, rising 0.2 cents to $3.501 per gallon.

According to Patrick De Haan, head of petroleum analysis at GasBuddy, the recent price increase was due to a mixed bag at the pump, with slightly over half of the states seeing gas prices rise and the rest experiencing modest declines. Price cycling continued in regions prone to such movements, including the Great Lakes region, Maryland, Florida, and parts of Texas…

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