Drivers could see gas prices surge to nearly $7 a gallon in some US states as refinery issues bite supply and Chinese demand bounces back, GasBuddy says

Dec 31 2022 by Business Insider

 
Gas prices could top $4 a gallon in most major US states next year, GasBuddy says.

(Photo by Steve Pfost/Newsday RM via Getty Images)

Gas prices could surge toward $7 a gallon in some US states in 2023, according to GasBuddy.  Cold snaps across the US and revived energy demand from China are the two key factors that could push up prices.  "2023 is not going to be a cakewalk for motorists. It could be expensive," said Patrick De Haan in a blogpost. 

Brace for a spike in US gas prices next...

Continue Reading Drivers could see gas prices surge to nearly $7 a gallon in some US states as refinery issues bite supply and Chinese demand bounces back, GasBuddy says