Friday, February 25, 2022

US gas prices may go above $4/gal

Gas prices across America continue to rise after Russia's invasion of Ukraine. On Feb. 24, the national average was $3.54 a gallon. Last year it was $2.65. By the afternoon of Feb. 25, it had reached $3.57. The national average could go beyond $4 a gallon by mid-March, Tom Kloza, an energy analyst for the Oil Price Information Service, told CNN on Thursday. In Hawai'i and Oregon, the price has already reached $4 gallon. (Source: CNET 02/25/22) US Gas Prices Keep Rising After Russian Invasion of Ukraine: How High Could They Go? (msn.com) 

Mississippi NoteMississippi’s highest record average price was $3.96 in 2008. Currently, the average for regular is $3.20. Experts expect those numbers to go up as much as 15 cents a gallon in the next few weeks as Russia’s invasion of Ukraine continues to unfold. (Source: WLOX 02/24/22) South Mississippi residents already feeling the pinch of higher gas prices (wlox.com)

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