$4 gas could be coming — again – KION546 - News Summed Up

$4 gas could be coming — again – KION546


By Chris Isidore, CNN BusinessHere’s the bad news first: Gas prices are on the rise in most of the US and could soon hit a national average of $4 a gallon for the first time in two months. The national average price Monday was $3.92 for a gallon of regular gas. That’s up 12 cents in just the last week and 24 cents since a 98-day price slide ended late last month. Now those refineries are starting to come back online — and the price of gas in Western states is already falling. Currently roughly 25% of the nation’s 130,000 gas stations are selling regular gas for $4 or more, up from about 15% when the slide in prices ended last month.


Source: CNN October 10, 2022 20:24 UTC



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