Chart: U.S. gas prices climb for first time in four months

Is this the beginning of a beautiful friendship? Will United States motorists start to see higher gas prices moving forward?

For the first time in four months, U.S. gas prices have stopped their descent and have actually climbed, according to new data from the Federal Reserve. On Tuesday, the national average price per gallon of regular gas was $2.038, up from the previous day’s $2.033.

Although many are predicting these gas prices are here to stay for quite a while, the fact is these gas prices are on the verge of bottoming out and rebounding sometime this year. Why do you Saudi Arabia is just biding its time?