‘The solution here, unfortunately, is probably a recession,’ analyst says

‘The solution here, unfortunately, is probably a recession,’ analyst says

Gasoline prices remain above an average of $5/gallon nationally, according to AAA data, and energy experts still do not see any relief in sight.

“We’re likely to get record highs on U.S. regular gasoline this summer, when demand typically peaks,” Stewart Glickman, energy equity analyst at CFRA Research, told Yahoo Finance. “Best guess, we peak around $5.50/gallon during the summer.”

Citing refining capacity, he added: “If we’re going to get US gasoline prices to fall, it’s…


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