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Gas Prices Rising but Still Lower vs Last Year

Gas Prices Rising but Still Lower vs Last Year

Schwab Network · Schwab Network

June 18, 20256m 2s

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Show Notes

Patrick DeHaan covers the outlook for gas prices as the national average rises to $3.19. He thinks it will continue to rise over the next week, but notes that this is still lower year-over-year. He also notes that the U.S. infrastructure for refineries was mostly built 50 years ago even as sources have changed over the years: from Canadian heavy to Middle Eastern light. He also looks at distillates, including diesel and jet fuel demand.


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