Gas Prices Hit Six-Month High, Spiking More than 50% Under Joe Biden

The nationwide average price for regular gas hit a reported six-month high of $3.60 a gallon on Tuesday, spiking more than 50 percent under President Joe Biden.$4 by May, but “don’t be too surprised if you see $5 a gallon or more at the gas pump — if you’re not paying that much already,” Charley Blaine from the Street

In the past month, the West Texas Intermediate—a national crude oil benchmark—has jumped just shy of 10% to $85 per barrel, a six-month high, while the international benchmark Brent Crude Oil has climbed nearly 10% in that time to a six-month high just below $90.

“I think the last time I remember filling up, I think that was two weeks ago or a week ago, was probably 50 cents cheaper, or close to 50 cents cheaper. I don’t know if that tracks, but at least in my area, it’s a lot more expensive here,” Nate, a California resident,

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Seattle area average energy prices: Gasoline, utility gas prices dip, electricity risesLooking at energy prices, gasoline in the Seattle area in February fell, while households pay more for electricity, federal numbers report.
Source: Mynorthwest - 🏆 438. / 53 Read more »

Women’s Soccer Surge: NWSL Ticket Prices Soar As Team Prices Hit 9 FiguresI am a Colorado based reporter covering breaking news with a special emphasis on the entertainment industry, pop culture and sports. I previously covered local news in the greater Boston area, and I graduated from Northeastern University in 2017.
Source: Forbes - 🏆 394. / 53 Read more »

Gas prices creep up amid rising oil prices due to mounting tensions between Russia and UkraineTensions in the Middle East and in Ukraine are causing oil prices to rise, increasing the price at the pump.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Surging gas prices just hit a significant milestoneNew York (CNN) — Gas price inflation is back. For the first time since late last year, prices at the pump are now higher on a year-over-year basis. It’s a trend that industry experts expect to continue in the coming weeks and months, especially if Russian oil facilities continue to get hit by drone attacks. This...
Source: accuweather - 🏆 46. / 68 Read more »

Gas prices hit 4-month high: will it get worse?Gas prices have hit a four-month high amid a time when families are already dealing with the continuing pressures of inflation, which rose faster than expected in last month.
Source: FoxBusiness - 🏆 458. / 53 Read more »

San Diego gas prices hit new high for 2024, rising for 22nd consecutive dayAn expensive summer blend fuel is one reason gas prices across the county are increasing.
Source: CBS8 - 🏆 335. / 59 Read more »