National Average Gas Price Surges To Highest Level Since Obama Era

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The national average price for a gallon of gasoline soared to its highest level this week since the Obama era and is likely going to continue increasing at least the in short term.

“On the week, the national gas price average jumped six cents to $2.96,” the American Automobile Association reported on Monday. “If the trend continues, an increase of three more cents would make the national average the most expensive since November 2014 –the last time we saw average prices at $2.99 and higher.”

By Wednesday, however, the national average price for a gallon of gas had soared to $3.008, meaning gas is now at its highest point in six and a half years.

The news comes after Colonial Pipeline announced over the weekend that it shut its pipeline down after it fell victim to a cyberattack that officials say originated from a group out of Russia.

“This shutdown will have implications on both gasoline supply and prices, but the impact will vary regionally,” said Jeanette McGee, AAA spokesperson. “Areas including Mississippi, Tennessee and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases, as early as this week. These states may see prices increase three to seven cents this week.”

https://www.dailywire.com/news/national-average-gas-price-surges-to-highest-level-since-obama-era