Patrick DeHaan

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Everyone's feeling a significant amount of pain across the country.

The average fill-up generally costs now $15 to $30 more than it did just three months ago.

The national average is starting to decline.

It's down about a penny a gallon today, nothing significant, but it does generally take a little bit longer for declines in prices to start rippling down the station.

I would expect that the national average on Memorial Day would probably be somewhere in that $4.50 to $5 a gallon mark.

And depending on where we go beyond that into the summer is contingent on whether or not the Strait of Hormuz reopens.

And keep in mind, we are also now just a little over a month away from seeing the start of Atlantic hurricane season, another factor that could push prices to records later this summer.

There's an element of immediate relief, and more relief will be coming in a month or two when things really start to get fully back online.

It's not impossible that while we have seen a slight dip over the last week, that we certainly could see gas prices re-accelerating.

And it's not impossible that new records with prices eventually rising above $5 a gallon remain possible.

Gas prices are not at record highs, but the increase is the fastest ever, according to GasBuddy.

Patrick DeHaan is their head of petroleum analysis, and he says with Iran's retaliatory attacks on sites across the Middle East, there is no quick fix.

The U.S.

is a huge natural gas producer for industry and home heat, insulating it for now.