Predicted gas prices could reach $4 nationwide by Memorial Day, slightly lower for Alabama

from WHNT News 19,

2021 was an intense year for gas prices with prices at the pump at one point reaching a seven-year high before slowly backing off. Throughout the month of December, Huntsville saw prices drop slightly. However, they could soon be on the rise again.

A forecast from tech company GasBuddy predicts by Memorial Day, there’s a chance gas prices could reach as high as $4 per gallon, with a 2022 national average of about $3.40 per gallon. “All of this really has to do with the first six months of the pandemic. When Americans just abruptly stopped commuting, stopped driving,” GasBuddy Head of Petroleum Analysis Patrick De Haan said.

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