Dallas Oil CEOs $5 to $6 Gas Price Claim Unsubstantiated

"They are the inflation number that consumers see every single day." Analysts expect ‌every ⁠rise of $10 a barrel in crude oil prices to result in an increase of 25 cents per gallon at the pump.

Because refineries have to pay more for crude oil, they charge more for the fuels they deliver to gas stations, airports and other customers. As a result, fuel prices are likely to climb over the coming days, as long as oil prices remain elevated or rise further. Emmett Lindner is a business reporter for The Times. A version of this article appears in print on , Section B, Page 6 of the New York edition with the headline: Gas Prices Tick Further and Hit $3.48 a Gallon.

Since the US and Israel launched attacks on Iran on 28 February, leading to intensifying violence across the Middle East, the price of oil surged to more than $100 a barrel for the first time in nearly four years.

At that time, US gasoline prices averaged $5.01 a gallon. It’s possible that oil prices will not reach that level. Higher prices could entice shale-oil producers to increase output. Though the EIA forecast of 13.6m barrels produced per day in the US is a near-record, it is largely unchanged from 2025’s output.

The price for a barrel of Brent crude, the global oil benchmark, had at one point Monday morning spiked to nearly $120, a level that could translate into gas prices surpassing a national average of $4 per gallon.

He predicts gasoline will increase to between $3.50 and $3.65 per gallon before settling. The cost of oil accounts for roughly 60% of the price of gas, according to industry figures, with taxes, local fees and other factors also affecting prices ...

The price of Brent crude, the benchmark for how much oil costs internationally, cost $70.77 per barrel when Trump gave his State of the Union address on Feb. 24. By early March 4, it had risen to $81.73, a 15% increase. The March 4 price was just about where Brent crude prices stood when Trump was sworn in for his second term. Consumers' pump prices have also risen. On March 4, GasBuddy, a gas price app, reported a national average price of $3.19 per gallon, up from $2.94 three days earlier.

By June 2022, the price of a gallon of gas was about $5, despite a bid by Mr. Biden to lower costs by releasing millions of barrels of oil from a strategic reserve.

"Gas stations are seeing their ... to 35 cents a gallon for gasoline over the next three days, as long as nothing changes," De Haan said....

ويتوقع دي هان أنه في غضون أيام فقط لن تبقى أي ولاية عند متوسط سعر بنزين أقل من 3 دولارات للغالون، ويرى أن متوسط سعر البنزين العادي سيصل ...

أكد الدكتور حسام عرفات، أستاذ هندسة البترول والتعدين ورئيس شعبة البترول الأسبق، أنه لا توجد

في هذا الموضوع، نتطرق لتوقعات أسعار النفط لـ 2024 وحتى نهاية 2023، بناء على المؤشرات التي لدى أرينسن، وتقييمات كبار الخبراء والمحللين الماليين والاقتصاديين في العالم.