Panic Buying Sends US Gasoline Prices to Near 7-Year High

Panic Buying Sends US Gasoline Prices to Near 7-Year High
(AP Photo/Joan Monfort)
The average price of a gallon of gasoline in the United States has jumped on the Colonial Pipeline ransomware attack and subsequent outage. The overall average price of retail gasoline is now at $2.985 per gallon, according to AAA. This compares to a year-ago average of just $1.847 per gallon.
This is the highest gasoline price since 2018. Another two-cent rise for U.S. gasoline prices and it would be at a 7-year high, according to GasBuddy data.

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles