Top Analyst Predicts Gas Prices Are About to Hit a Record High By This Date— And Iran's Latest Missile Attack Won't Help

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Patrick De Haan warned U.S. gasoline prices could stay above $4 per gallon beyond August 8 for the first time on record, calling the potential milestone concerning.

On Tuesday, the GasBuddy analyst said U.S. gas prices are on track to set a new record for the highest average price ever recorded for August 5, with the national average currently at $4.08 per gallon and expected to surpass even 2022 levels within about “7 days.”