NEWS
Americans Facing Record-Breaking Gas Prices
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Gas prices are soaring to record-breaking prices – just in time for the busy spring break travel season.
According to USA Today, the national average for a gallon of gas is now the highest in US history, breaking the previous record reported in 2008.
“Americans have never seen gasoline prices this high, nor have we seen the pace of increases so fast and furious,” GasBuddy app’s Patrick De Haan said in a statement reported by USA Today. “That combination makes this situation all the more remarkable and intense, with crippling sanctions on Russia curbing their flow of oil, leading to the massive spike in the price of all fuels: gasoline, diesel, jet fuel and more.”
As of March 8th, the average cost for a gallon of gas in America was $4.17, up from the previous July 17, 2008 record of $4.11.
USA Today reports the average cost for a gallon of diesel is also inching closer to the July 2008 record of $4.84.
AAA has reported the rising costs of gas could impact spring break travel this year, with many people having to pay more than they originally budgeted for their road trip plans – that in turn will affect the amount of money they can spend in restaurants, stores, and other venues.
“Maybe we don’t spend as much on something else because we have to put it into the fuel to get to and from somewhere,” one family prepping for their spring break road trip to Florida told NBC26.
