Gas Prices Expected to Surge Again – What Drivers Can Do Now to Save

Gas prices today are sliding into the headlines once again as the national average for a gallon of regular gasoline sits at $3.14, two cents lower than a week ago and a notable 36-cent discount compared with the same week last year. But analysts warn the calm at the pump may be short-lived: escalating tensions between Israel and Iran could nudge U.S. pump prices 10 – 25 ¢ higher in the coming weeks, according to energy researchers interviewed by ABC News. Regional winners and losers • Gulf Coast drivers enjoy the cheapest fill-ups at $2.74 per gallon, while the Rocky Mountain region pays the steepest mainland price at $3.11. • On the West Coast, supply constraints and a cleaner-burning fuel mandate keep California flirting with the $5 line, even as most states sit comfortably below $3.50. Why gas prices are moving now 1. Crude oil volatility: Brent crude briefly topped $89 a barrel after missile exchanges in the Middle East, stoking fears of tighter global supply. 2. Refinery maintenance wrap-up: Most spring turnarounds have ended, boosting gasoline output just in time for peak summer demand. 3. Hurricane watch: Forecasters expect an “extremely active” Atlantic season; even a glancing blow to Gulf refineries could jolt national averages by 20 – 40 ¢. 4. Demand revival: AAA projects a record 44 million motorists will hit the road for the Independence Day holiday, 2 percent more than last year, adding upward pressure at the pump. Short-term forecast If geopolitical risks escalate further, retail gasoline could average $3.25 – $3.35 nationally by early July, traders say. Conversely, a cease-fire paired with stable refinery output might let prices drift toward $3 even, offering budget relief for summer travelers. Either way, analysts don’t expect the dramatic $4-plus spikes seen in 2022 unless crude tops $100 or hurricanes shut multiple Gulf Coast refineries. Money-saving tips for drivers searching “cheap gas near me” • Fill up early week: Monday and Tuesday mornings historically post the week’s lowest station margins. • Use loyalty apps: Major brands shave 5-10 ¢ per gallon through free reward programs; stack with credit-card cash-back to double the discount. • Keep tires inflated: Under-inflation can chop fuel economy by up to 3 percent, equivalent to a 10-cent-per-gallon penalty for many vehicles. • Avoid premium unless required: Most engines calibrated for regular see zero benefit from 91-octane fuel. Bottom line Gas prices are on “cruise control” for now, but geopolitical flashpoints and hurricane season mean volatility is only one headline away. Lock in lower prices when you see them, keep an eye on regional spreads, and leverage tech tools to stay ahead of the next bump at the pump.