. Gasoline prices surge to a national record, with prices topping $4.17 gallon « JO LEE MAGAZINE

NPR – U.S. gasoline prices set a new national record on Tuesday as global crude prices have surged following Russia’s invasion of Ukraine.

The average cost of a gallon of regular fuel is now $4.173, according to AAA. That’s the highest ever recorded, not accounting for inflation, surpassing the $4.114 high-water mark set in the summer of 2008. (That would be about $5.37 in today’s dollars.)

The U.S. and its allies have imposed intense financial sanctions on Russia after the country’s invasion of Ukraine, but have so far avoided directly targeting Russian energy shipments.

More at NPR





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