DETROIT (WWJ) – Drivers in Washington, D.C. Saturday joined motorists in five states who are paying more than $4 per gallon for gasoline. Michigan isn’t on the list. But oil analyst Patrick DeHaan says drivers won’t get a break anytime soon.
“Looking at gasoline futures which are also traded similar to crude, closed up about 6 cent per gallon, depending on which part of the country, and so unfortunately, what that means is that 6 cents a gallon will be coming down to the pump level in a matter of days,” says DeHaan.
DeHaan says it would be smarter to fill up at the gas station this weekend with the price of gas expected to rise again next week.
Gas prices have gone up nationally for 25 consecutive days.