Gas prices at their highest in 7 years and still climbing
The average price for a gallon of gas is $3.13, according to AAA, and those prices are expected to keep rising over the summer. Experts say this is the highest gas prices have been in seven years. The national average is now almost 5 cents higher than a month ago and 92 cents higher than this time last year. GasBuddy petroleum analyst Patrick De Haan says Americans should expect to pay even more at the pump heading into July 4th, a popular road trip holiday. With the U.S. economy rapidly recovering from the 15-month-long coronavirus pandemic, demand for fuel is rising and pushing prices to levels not seen since 2014. And hurricane season always carries the prospect of higher prices if a storm impacts oil drilling and refining on the Gulf Coast. KEEP READING: https://www.wcnc.com/article/news/nation-world/gas-prices-rise-again-summer/507-65be4147-10e2-4153-b73e-ea476e5f7ce2 #GasPrices #CLTnews
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