Gas is now a nickel short of the highest-ever recorded average price in the U.S., which was set on July 17, 2008, at $4.10 per gallon.
The U.S. national average price for a gallon of regular gasoline hit $4.065 on March 7, 2022, as supply disruptions continued to drive up oil prices to new highs. FOX Business correspondent Madison Alworth reports.— and the figure is expected to soon surpass the all-time high reached in 2008.
On Monday, California had the highest average price per gallon among U.S. states at $5.34, while Missouri had the lowest at $3.627, according to AAA. Twenty U.S. states and Washington, D.C. were all charging over $4 per gallon for regular gas.and related supply disruptions, combined with heading into the warmer seasons when road travel and demand for gas spikes. Experts anticipate the U.S. will break the national average record this week.
FILE IMAGE - A car is seen filling up at a gas pump at a Mobil station on March 6, 2022, in Danville, Pennsylvania. , head of petroleum and analysis at fuel-savings app GasBuddy, said Monday that the national average jumped 48.3 cents per gallon over the past week. It’s also likely that the national average will jump to its highest-ever, seven-day average, topping what was recorded after Hurricane Katrina in 2005 .
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