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Gas prices are headed higher, and a 'ripple effect' could make it worse in certain regions

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According to one forecast, prices at the pump could jump by as much as $0.60 a gallon between now and mid-April.
The article from AOL discusses the recent trends in gas prices, highlighting that they are expected to rise due to several factors. Firstly, the price of crude oil has been increasing, which directly impacts gas prices. Additionally, there's a ripple effect from geopolitical tensions, particularly in oil-producing regions, which can disrupt supply. The article also mentions that seasonal demand typically increases in spring and summer, further pushing prices up. Despite these pressures, the U.S. has seen a slight increase in domestic production, but not enough to offset the global demand surge. Analysts predict that while prices might fluctuate, the overall trend for the near future is upward, influenced by both market dynamics and external economic factors.

Read the Full AOL Article at:
[ https://www.aol.com/gas-prices-headed-higher-ripple-164645160.html ]