More often than not, retail gasoline prices start to move lower in the fall—but this is not a typical year.
AAA
Ida is rivaling 2005's Hurricane Katrina in terms of the impact on the U.S. energy sector, with prices rigid at 7-year highs.
Gas prices are at their highest since 2014, as Hurricane Ida leaves lasting impact on major U.S. refinery centers.
The price for oil collapsed some 7.5 percent last week, but rebounded 8 percent during the first two trading days of the week.
Citing weeks of federal data showing surging demand, analysts say gas prices could be stuck above $3 per gallon all summer.
Consumers hit with the highest gasoline prices since 2014 as they get ready for summer vacations.
