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Gas prices seeing 'calm before the storm,' GasBuddy analyst warns

Energy,Gas Prices,Inflation,Economy And Jobs

From the Right

Energy experts issued a stark warning to Americans on Friday: Get ready for higher gas prices this spring.

"This is the calm before the storm, and we're already going up," GasBuddy head of petroleum analysis Patrick De Haan said on "Varney & Co." "Most of the pain is going to come in March, April and May."

OPIS Energy analyst glob head Tom Kloza shared a similar outlook on "Mornings with Maria." 

"I think it's going to be somewhere between the Super Bowl and Memorial Day, but it's going to happen quick," he told FOX Business’ Dagen McDowell. 

Both De Haan and Kloza separately stated they believe U.S. gas prices will go above $4 in the coming months, mostly due to unrest in Kazakhstan and Libya.

"The problem is simply that there's not going to be enough production to meet an increase in demand," De Haan explained.

 

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