Jack Davis
Western Journal

May 10, 2022

Gas prices in the U.S. just hit a record high and are now almost 50 percent higher than a year ago.

Gas prices are headed ‘substantially higher,’ says Goldman Sachs’ Jeff Currie, May 9, 2022

The national average price for a gallon of regular unleaded gasoline was $4.374 Tuesday, according to AAA. That was an increase of four cents in one day and 17 cents in the past week, wiping out a dip that had taken place in April.

According to AAA’s figures, gas prices are 47.4 percent higher than a year ago, when the national average was $2.967 per gallon.Advertisement – story continues belowhttps://0e78abd5ab52ad2d61456c0d8c7380ad.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html

The price of diesel fuel – the lifeblood of the trucks that haul goods across the county – also hit a new high Tuesday, reaching $5.550 per gallon.

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