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Home Local NNY News

‘Prepare to pay more’: Gas tops $4 per gallon average across US, 1st time since 2008

March 7, 2022
in Local NNY News
‘Prepare to pay more’: Gas tops $4 per gallon average across US, 1st time since 2008
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JOSH BROGADIR REPORTS, T SHEURGE IN GAS PRICES HAS LEFT SOME DRIVERS CONSIDERING OTHER ALTERNIVES.AT REPORTER: YOU’VE NO DOUBT ENSE IT FOR YOURSELANF D ASKED, HOW MUCH IS IT GOING TO COST ME? IT IS CERTAINLY RISING. >> IT’S PRETTY RIDICULOUS. >> RIDICULOUS. REPORTER: THEY SAID IT AND I’M NOT HERE TO DISAGREE. STICKER SHOCK AT THE PUMP. AND NOW, THOUGHTS ON CHANGING WHAT YOU DO IF YOU CAN. >> I DRIVE AS MINIMALLY AS I CAN. AND TO ME, I THINK THAT’S THE WATOO.Y CUT YOUR TRIPS. I MEAN, PLAN IT OUT OR SOMETHING LIKE THAT. I PAY AT LEAST $200 A WEEK. I GO FROM CONNECTICUT TO NATK.IC I DRIVE EVERY DAY. REPORTER: HIS 15 GALLONS AND YOURS IS NOW GOING TO BE MORE THAN 60 BUS.CK OVERNIGHT, AAA JUST BUMPED UP THE ESTIMATED PRICE TO $4.01 ON AVERAGE ACROSS THE NATION. THAT’S UP 9 CENTS FROM YESTERY DAN $1.25 FROM A YEAR AGO. EVEN MORE IF YOU USE PREMIUM. >> YEAH, $4..99 REPORTER: SO HOW MUCH WAS YOUR FILL-UP JUST NOW? >> $.50 RERT:PO YOU CAN ALSO EXPECT HOME HEATING AND FOOD PRICES TO RISE WITH IT DUE TO THE RELIANCE ON CRUDE OIL AND FUEL FOR TRANSPORTATION. THIS ALL IS ATTRIBUTED TTHEO INSTABILITY IN UKRAINE AS RUSSIA CONTINUES ITS ATTACK >> UNLESS THE WARS GO DOWN OR WHATEVER, OR WE FIND SOME KIND OF ALTERNATIVE WAY OF GETTING OIL COMING IN AND EVENTUALLY, I GUESS THE PRICE WILL GO DO. BUT WHAT GOES UP, MAY NOT COME DOWN AS MUCH. REPORTER: THE LAST TIME WE SAW PRICES TS HIHIGH? YOU HAVE TO GO BACK 17 YEARS. JUST AFTER HURRICANE KAT

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‘Prepare to pay more’: Gas tops $4 per gallon average across US, 1st time since 2008

AP

Updated: 5:16 AM EST Mar 7, 2022

The price of regular gasoline broke $4 per gallon (3.8 liters) on average across the U.S. on Sunday for the first time since 2008. During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by almost 41 cents, according to the AAA motor club. That represents the second largest jump in average national prices in a week, GasBuddy reported. “As Russia’s war on Ukraine continues to evolve and we head into a season where gas prices typically increase, Americans should prepare to pay more for gas than they ever have before,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a statement. The all-time high for average gasoline prices was set in July 17, 2008 at $4.10 per gallon.Neither President Joe Biden nor Congress has moved to ban the import of Russian oil or place energy sanctions on the country, which could have major global economic repercussions. On Sunday, California had the highest average price per gallon among U.S. states at $5.29, while Missouri had the lowest at around $3.60.

NEW YORK —

The price of regular gasoline broke $4 per gallon (3.8 liters) on average across the U.S. on Sunday for the first time since 2008.

During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by almost 41 cents, according to the AAA motor club.

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That represents the second largest jump in average national prices in a week, GasBuddy reported.

“As Russia’s war on Ukraine continues to evolve and we head into a season where gas prices typically increase, Americans should prepare to pay more for gas than they ever have before,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a statement.

The all-time high for average gasoline prices was set in July 17, 2008 at $4.10 per gallon.

Neither President Joe Biden nor Congress has moved to ban the import of Russian oil or place energy sanctions on the country, which could have major global economic repercussions.

On Sunday, California had the highest average price per gallon among U.S. states at $5.29, while Missouri had the lowest at around $3.60.

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