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David Paul - Pain at the pump: Gas prices rising to levels not seen for over a decade; here's what you need to know - fox29.com - Usa - state California - state Arizona - state Texas - Russia - Ukraine
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Pain at the pump: Gas prices rising to levels not seen for over a decade; here's what you need to know
A driver returns a fuel nozzle to a gas pump at a gas station (Photographer: David Paul Morris/Bloomberg via Getty Images) PHOENIX - Americans are feeling the impact of the ongoing Russia-Ukraine war as gas prices are rising to levels not seen for over a decade, according to officials with AAA.Here's what you need to know as drivers continue to feel the pain at the pump.According to the AAA website, the national average price for a gallon of regular is $4.065, as of March 7.However, not all states are paying the same price for gas. Drivers in Texas, for example, can expect to pay around $3.73 per gallon of regular gas, while drivers in California can expect to pay around $5.34 for each gallon of regular, the most expensive in the U.S."It’s unfortunate we’re seeing prices as high as they are because it’s really impacting a lot of families," said Aldo Vasquez with AAA Arizona.During the same time in 2021, officials with AAA say the national average price for a gallon of regular is $2.76.The highest recorded average price for a gallon of regular, according to AAA officials, was $4.114 in July 2008.According to a statement issued by AAA officials on March 7, crude prices are soaring because of the ongoing Russia-Ukraine war, and that is translating to higher gas prices."It’s definitely one of the stronger stressors on the global oil market at this point, and as long as this conflict continues, it’s likely we’re going to see these prices go up," said Vasquez.Despite the announcement of a coordinated release of crude oil from strategic reserves of the U.S.
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