15 Days Of Gas Price Hikes, And It Won’t End For Months: Expert
View Source | October 5, 2022 6:32 am
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- Americans should prepare for gas prices to keep rising, analysts warn.
- The nationwide average price of gasoline increased for the 14th consecutive day Tuesday, reaching $3.81 per gallon, according to an AAA database. Pump prices had declined for 99 straight days between June and mid-September after hitting an all-time high of $5.02 a gallon.
- AAA said Monday that consumers should “brace for rising pump prices” if demand remains high while refinery closures and maintenance forces supply lower. Domestic gasoline demand ticked up from 8.32 million barrels a day to 8.83 million barrels a day last week, EIA data showed.
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