Gas prices in some states on Monday saw a steep uptick despite President Donald Trump's warning against oil companies raising costs at the pump, much to GasBuddy analyst Patrick De Haan's frustration.
Gas Prices Rising Is 'Extremely Frustrating', Says De Haan In a series of posts on X, De Haan outlined the sharp surge in gas prices at the pump in states like Florida and Michigan, where the price cycles were "absolutely wild" and "nearly impossible to justify with retail prices over $1/gal higher than spot/wholesale price," the analyst said.
Read Also: Trump Says Iran Has 'Requested' Emergency Talks With US After Military Strikes — High-Stakes Meeting Set For Tomorrow In Doha The analyst added that transportation costs, as well as taxes, were factored into the price rise; it was still a "very lofty" surge and "extremely frustrating," he said.
The price cycles today in Florida and Michigan are absolutely wild to me and nearly impossible to justify with retail prices over $1/gal higher than spot/wholesale price.
Though taxes, transportation, etc need to be added, this is a very lofty mark and is extremely frustrating.— Patrick De Haan (@GasBuddyGuy) June 29, 2026 He then called the price hikes in Colorado and Florida "unwarranted and ridiculous" spikes right before the Fourth of July weekend in separate posts.
