Pump Prices Up For Fifth Straight Day

Cost of regular gasoline started increasing last week, with average price Sunday at $3.417 a gallon, according to AAA.

  • Gasoline prices started ticking up after declining for nearly 100 straight days during summer driving season.
  • Price started increasing shortly after pandemic declared in March 2020 and spiked after start of Russia’s invasion of Ukraine in February.
  • Invasion resulted in a global increase in cost of energy, with Russia supplying much of it to Europe.
  • Declining prices last month helped hold down overall U.S. inflation numbers.



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