US Gas Prices Could Eye $4 in Summer as Oil Rally Persists

Gas prices likened to seasonal temperatures—“They start to rise with the arrival of spring,” says the American Automobile Association (AAA).

A customer returns a nozzle to a pump after fueling gasoline into a sport utility vehicle (SUV) at a Shell gas station in the Chinatown neighborhood of Los Angeles on Feb. 17, 2022. Patrick T. Fallon/AFP via Getty Images

The average cost of gasoline could rise to $4 a gallon this summer, reigniting inflationary pressures and weighing on motorists’ wallets.

According to the American Automobile Association (AAA), the national average for a gallon of gasoline has surged by about 15 percent year to date to $3.53.