Gasoline Prices in the U.S. Set for Unpredictable Swings.

1 min read
Source: OilPrice.com
Gasoline Prices in the U.S. Set for Unpredictable Swings.
Photo: OilPrice.com
TL;DR Summary

US national average gas prices have stabilized, but state-by-state prices are more volatile, with some states seeing hefty gas price increases. Gas prices could become increasingly volatile due to conditions ripe for major movements in the broader market, such as another interest rate hike by the Fed. However, traders are betting that a pause in interest rate hikes is the most likely outcome when the Fed meets on Wednesday. Low crude prices are also unlikely to push gas prices back to last year's highs.

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