Energy Information Administration

Gas Prices Surge to Fresh 7-Year High

Gas prices have surged to a new seven-year high and while some experts predict predict they’ll come down soon, others expect more pain at the pump if crude oil prices rise.

Oil: Demand Reaches Maximum Velocity- Analysis

Crude oil approached multi-year highs last week as the velocity of the demand recovery narrative nullified negative short-term data points.

Gas Price Surge Fueled by Supply Squeeze, But Biden Policies Could Drive Them Higher: Experts

While experts say the current gas price spike is mostly driven by demand recovering faster than the winter storm-squeezed supply, others warn “hostile” White House policies are likely to drive them even higher in the long term.

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