Why Did Gas Prices Go Up Today?

Gas prices have gone up today due to a number of factors. Firstly, the national average price for gasoline surged by 4 cents, with a potential rise of five to 10 cents this week. This increase is mainly driven by oil prices reaching their highest level in 2023, nearly $83 per barrel. Additionally, some states may experience an even higher increase of 10 to 25 cents per gallon.

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Usually, gas prices decrease during winter due to poor weather and less driving. However, this year seems different, as the average gasoline price continues to inch higher. It's worth noting that 45 out of the states have already witnessed an increase in gas prices, including South Carolina with a sharp rise over the past week.

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