‘A Lot Of Upward Pressure’: Here’s Why Gas Prices Are Soaring Again

‘A Lot Of Upward Pressure’: Here’s Why Gas Prices Are Soaring Again


Prices at the pump are on the rise across the country as a result of rising temperatures and surging demand.

National average gas prices are currently $3.52 per gallon, according to data from the Energy Information Administration, reflecting a rapid increase from a $3.33 per gallon reading earlier this month and a $3.42 per gallon reading at the same time last year. AAA said in an analysis that the increasing costs reflect moderating temperatures and changes in the oil market.

“The recent rising temperatures led to rising pump prices,” AAA spokesman Andrew Gross remarked. “And with the cost of oil hitting $80 a barrel, there is a lot of upward pressure on gas prices at the moment.”

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West Texas Intermediate, the American benchmark for crude oil, was nearly

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