Increased demand and production cuts are causing prices to rise, Patrick DeHaan says.
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The last time that more than half the stations sold regular gas for less than $2 a gallon was June 18.
The briefing is scheduled to start at 6 p.m. in Washington D.C. amid a rise in the number of coronavirus cases in the U.S.
AP Wire
Stocks notched broad gains on Wall Street Wednesday as investors drew encouragement from China’s move to exempt some U.S. products from a recent round of tariffs.
Wire
Oil demand, a closely-watched sign of economic growth, has waned because of mounting trade tensions and slowing global growth, according to report released Friday by the International Energy Agency.
Wire
(FOX BUSINESS) -- Gas prices may surge after Tropical Storm Barry hits the Gulf Coast, where it is currently threatening millions.