Gas prices: National average soars to $4.30 per gallon, California hits $6 per gallon
The national average for regular gasoline rose to $4.30 per gallon, the highest level in four years and the eighth consecutive day of increases, according to AAA. California saw the highest prices in the country, exceeding $6 per gallon, while Oklahoma had the lowest at $3.708 per gallon. The surge follows recent comments from Energy Secretary Chris Wright suggesting gas prices may have peaked, despite ongoing volatility linked to the Iran conflict and earlier refinery disruptions.
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The national average for regular gas continued to rise on Thursday, reaching a new yearly high of $4.30 per gallon, according to AAA. It is the eighth consecutive day that fuel costs have increased in the country, and the highest national average gas price in four years. Thursday’s surge in fuel prices comes a little over a week after costs dropped to $4.02 per gallon. It’s the latest extreme fluctuation in gas prices over the last month, in which fuel costs have varied from as low as $3.99 a month ago to today’s high.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.