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Gas prices projected to dip lower in the coming days: analyst
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Gas prices are expected to "tiptoe" lower in the coming days as "oil remains off its $85 highs," GasBuddy's Patrick De Haan told FOX Business.
Currently, the average price for a gallon of gasoline in the U.S. is about $3.41, according to GasBuddy data.
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Although the national average is about 1.8 cents higher compared to a week ago, De Haan, head of petroleum analysis for GasBuddy, projects that prices will "start declining gently" now that oil prices are lower than their peak a few weeks ago.
Last week, oil prices fell under $80 per barrel after OPEC’s monthly meeting when the "cartel held firm" to raising November production by a slim 400,000 barrels per day, according to De Haan.