Ready for another jump in gas prices?

Patrick DeHaan of GasBuddy.com estimates prices rising between 15 and 30 cents more per gallon

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OPEC makes a move.
Welcome to the Know the Difference Minute for Wednesday, October 5th.
Disappointing but not surprising, OPEC Plus, a group including Saudi Arabia and Russia have agreed to reduce daily production of oil by 2 million barrels a day starting next month. Less production means higher prices.
Oil was $120 a barrel in June before prices dropped over the prospect of a global economic recession—it had been in the $80 range and caused a dip gas prices. International brent crude was near 93 this afternoon while West Texas crude was over $87. Some insiders believe oil will hover between 90 and $100 a barrel.
Patrick DeHaan runs GasBuddy.com. In a tweet earlier today, he estimated prices rising between 15 and 30 cents more per gallon. Recent refinery issues along with maintenance have already pushed up prices in the Midwest. But there’s more to come.
I’m Dave Spano from Annex Wealth Management. That is your Know the Difference Minute.