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Gas prices stable 'for the time being,' shouldn't move much higher, expert says

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Gasoline prices in the U.S. have stabilized "for the time being" and shouldn't move much higher as long as the price of oil holds, according to an industry expert.

It may come as a relief for the nation which has been grappling with sky-high oil and gas prices, ultimately forcing the Biden administration to ask OPEC+ to help out America instead of going directly to U.S.

oil producers."As long as oil doesn't top $85, we shouldn't see the national average move much higher," Patrick De Haan, head of petroleum analysis for GasBuddy, told FOX Business.

According to GasBuddy data, the national average is at about $3.39 per gallon. Meanwhile, the price of West Texas Intermediate crude oil dropped to $80.86 a barrel on Wednesday.FILE - A view of a.

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United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
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Cases: 34 321 025
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Brazil
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Cases: 21 835 785
Deaths: 608 235
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
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Deaths: 237 619
Recovered: 0
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