Why Are Gas Prices Rising So Quickly?
Why Are Gas Prices Rising So Quickly? And how high are they expected to get?
Jordan Mendoza, USA TODAY Wed, March 9, 2022
As national averages for a gallon of regular gas and diesel broke records in the United States this week, many are wondering how long the surge may continue and when prices at the pump will finally drop.
The dramatic rise in cost has sent drivers into a frenzy; Gasbuddy, the popular fuel-savings app that gives users the cost of gas in their area, had its online services go down temporarily on Monday because of record-breaking traffic as people look for the cheapest place to fill up their tanks.
As of Wednesday morning, the average cost for a gallon of gas in the country was $4.25, according to AAA. The price is up about 8 cents from Tuesday and more than 60 cents from last week.
Costs are expected to continue to rise throughout the year.
Here is what we know about gas prices and what to expect next:
High gas prices are displayed at a Mobil station across the street from the Beverly Center on March 7, 2022 in Los Angeles, California.
High gas prices are displayed at a Mobil station across the street from the Beverly Center on March 7, 2022 in Los Angeles, California.
National average: Gas prices top $4 a gallon nationwide, all-time record could be broken this week
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