When is the Price of gas going to stop rising?

[Haze]

When is the price of gas going to stop RISING ??
Whatcom County, City of Lynden, WA. 4/18/2026

 

[TheMariner]

I understand everyone is suffering in their own way, but we're currently paying AUD$1.94/L = AUD $7.24/US Gallon for petrol & AUD$2.89/L = AUD$10.94/US Gallon for Diesel. Last week it was 15% higher again.

 

[Mrmikey]

Ours actually dropped a bit last week. Funny how it never seems to drop as fast as it goes up. Excuse being, " Well we have to use up the crude oil that we bought at a higher price" but it doesn't apparently work the same way going up.
Fuel price in Nova Scotia as of April-17-26:
Gas CAN$ 1.78L, Diesel CAN$ 2.11L.
That equates to US$ 4.86 a US gallon for gas and US$ 5.76 a US gallon for diesel.
The Australian dollar is $1.02 Canadian so the prices are close to equivalent..

 

[Bangorbob]

When people move away from both coasts towards the interior of the US. Plus all of the above.

 

[jzeiler]

It is already coming back down, a little faster in TN but AL is catching up. I live 5 miles from the TN/AL border. It peaked out at 3.99 for Regular and 5.29 for Premium. Yesterday TN was 3.77 and 4.17.

 

[troop]

Our gas prices shouldn't have never gone up. Don't we have friends in Venezuela

 

[RayBJ]

Our gas prices shouldn't have never gone up. Don't we have friends in Venezuela

But they are afraid to send any ships out of their territorial waters!

 

[Cobranut]

Our gas prices shouldn't have never gone up. Don't we have friends in Venezuela

Oil is traded on the global market.
Any reduction in supply affects the prices globally.

 

[2dogs]

The enviromentalist have the rest of us over a barrel. No pun intended. It's supply and demand or should I say need. Farily simple. If everyone started riding spyders that get 35/40 MPG the price of gas would go back down to .50 cents a gallon. Wouldn't that be wonderful.

 

[Mrmikey]

Our gas is supposed to drop CAN$ 0.11 cents a liter tonite so that'll put it at CAN$ 1.67 a liter. Not as good as it was before all this crap started but hopefully it'll keep dropping.

 

[Copperman]

Gas on the west coast is always higher than the rest of the U.S. Where I'm at, gas is $3.50 at Costco.

 

[troop]

Oil is traded on the global market.
Any reduction in supply affects the prices globally.

Yup, I know. Sarcasm

 

[FWSpyder]

The price of gas will stop rising when there is no more gas. (which is probably a long way off)

 

[BajaRon]

When Energy Speculators stop 'playing the market'!

That's never going to happen. But fuel prices will come down anyway. Because the market they are 'Playing' will require it. It's always Supply vs Demand in virtually everything.

 

[Bangorbob]

I believe the US does not have enough refineries, therefore the oil we pump out of the ground has to go somewhere to become diesel and gas. It all takes $'s.

 

[Snoking1127]

I believe the US does not have enough refineries, therefore the oil we pump out of the ground has to go somewhere to become diesel and gas. It all takes $'s.

Big oil is a powerful force that tends to call all the shorts. And U.S. refineries are only partially optimized for the light, sweet crude oil predominantly produced domestically. While they can process it, many U.S. refineries were built to handle heavier, sourer imported crude, leading to a system where the U.S. imports heavy oil for efficiency while exporting its own light oil.