MISHAWAKA, Ind. -- Drivers are currently paying more than three dollars for a gallon of gas in Michiana due to the impacts from the US and Israeli strikes oversees.
Oil prices have jumped nearly eight percent and the wholesale cost of gas jumping double digits following the closure of the straight to Hormuz, where 20 percent of the world's supply passes through.
The US and Israeli attacks on Iran are not only driving the prices, and experts with GasBuddy are uncertain if it will stop there.
Patrick DeHaan, GasBuddy Vice President of Petroleum Analysis, stated, "We could start seeing gas prices going up as early as really lunch time today. The seasonality, which is also pushed gas prices up, we could see the national average rising between 3.20 to 3.35 before March is out and that could continue for another two to three months!"
Still many customers at Family Express in Mishawaka chose to be optimistic.
How long the gas prices increase lasts and how high they will get will depend on how long the conflict plays out.