US Gas Prices Up Again Due to Low Supply, High Crude Oil Costs
Posted: Tue May 03, 2022 1:59 am
Gasoline prices rose again across the United States, mainly due to the rising cost of crude oil, AAA announced on May 2. The national average for a gallon of gas on May 2 was $4.19, a weekly increase of 7 cents per gallon from April 29 and a year-over-year increase of $1.29 per gallon, AAA reported. “Gasoline prices have continued their rally in the last week with oil prices sustaining higher levels,” said Patrick De Haan, head of petroleum analysis at GasBuddy, in a statement on the GasBuddy website. “Gasoline prices could continue to see a slow but steady rise,” said De Haan. Crude oil was trading lower early the morning of May 2 and was down 3 percent to $101.65 a barrel. ...
Source: https://www.theepochtimes.com/us-gas-pr ... 40497.html
Source: https://www.theepochtimes.com/us-gas-pr ... 40497.html