Tim Sumpter, a Huber Heights, Ohio, resident who follows gas price trends, said he wasn't surprised by the outlook, given the volatility across the globe. As of Friday morning the highest price for a gallon of regular unleaded gas that our Newscenter 11 crew found in Meridian was $2.59.
GasBuddy analyst Patrick DeHaan said the gasoline price has followed oil price trends, which are up largely because the Organization of Petroleum Exporting Countries and Russian Federation have scaled back their oil output.
"We've seen an increase in gas prices gradually over time, and people seem to be absorbing that", Gamble said. An average price retail price for a gallon of regular gasoline will reach USD2.74 a gallon for the April through September summer driving season, up 14% from a year ago, according to the EIA. However, it's still less than the national average, which is $2.68.
DeHaan said there's also an increase in driving as the winter thaws.
"On top of that, sprinkle a little Syria, sprinkle a little trade tension - and oil prices are a bit higher than they otherwise would be", DeHaan said.
At 428.6 million barrels, US crude oil inventories are in the lower half of the average range for this time of the year.
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Oil prices rose on Wednesday. The Wall Street Journal reported this week that gas prices could rise to the highest levels since 2014 in the coming months.
Sunday's average was a half-cent more than last week, 13 cents more than a month ago and 28 cents more than past year.
"Prices can vary as much as 10 cents within a mile or two, so filling up at the right station can make a difference", Sumpter said.
Market analysts note that oil prices have gone up in the last three days.
Brent Crude costs more than 71 dollars per barrel.
Crude oil futures rallied Tuesday along with USA stocks.