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It was the longest losing streak for gasoline prices since the early months of the pandemic: For 98-consecutive days this summer, American drivers experienced declining gas prices thanks in part to a slower worldwide demand for oil. According to AAA, the national average gas price climbed to $3.92 a gallon Monday. Prices are likely to keep going higher from here as oil prices continue to climb, according to Patrick De Haan, chief petroleum analyst at gas price tracking group GasBuddy.com. In a note to clients Monday, Andy Lipow, president of Lipow Oil Associates LLC consultancy, said he also expects gasoline prices to rise to as high as $4. "When prices are going up each day, when spot prices are going up each day, it’s costing us a little more because we bought it today at the highest price versus four days ago," Galanti said.
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