Monday, March 07, 2022

U.S. Gas Prices Reach 14-Year High, AAA Says


 Average U.S. gas prices jumped to $4.009 per gallon Sunday, the highest since late July 2008, as Russia contends with the fallout of global sanctions for invading Ukraine.

The average price, calculated by AAA, soared 11 percent over the past week alone. Gas was an average of $3.604 one week ago and just $2.760 one year ago.

The current cost of gas is the highest since gas prices hit a record $4.114 a gallon on July 17, 2008, according to automobile club data cited by Reuters. At that time, U.S. crude futures jumped to a record $147.27 a barrel...MORE

1 comment:

Dave Skinner said...

Thank you, Brandon~