There’s hope on the horizon for drivers. A break in the gasoline price increase should come in April, oil analysts have said.
The March-April prices at the pump are expected to peak at between $3.80 and $4.10 per gallon before heading back down a few cents.
All of this comes as wholesale oil prices continue to drop. Crude oil prices fell about 2.5 percent this past week. That should be good news for consumers but the pump prices keep going up. The spike comes as refiners begin to draw down on supplies as they change over from winter to more expensive summer blends. It’s also the time when refineries shut down for maintenance.
The average price for a gallon of regular gasoline in Massachusetts this week is $3.77. In New Hampshire, the average is $3.74. The national average is $3.78 per gallon.
Consumers could use a little relief at the pumps.