The slight drop in gas demand has helped to limit pump price increases. However, as crude oil prices remain volatile, the price per gallon for gasoline will likely remain elevated.
Posts tagged as “gas prices”
Study also reveals an overwhelming majority (78 percent) say rising gas prices are now impacting daily driving.
National average for gas is $5.01 — never seen since AAA began collecting pricing data in 2000.
Today’s national average for a gallon of gas is $4.86, which is 59 cents more than a month ago, and $1.81 more than a year ago.
Gas demand may again start to climb as drivers fuel up for the three-month-long summer travel season.
Retailers not hurt by recent economic headwinds such as higher interest rates, gas prices, inflation and declining GDP.
The national average for a gallon of gas has not fallen for nearly a month.
