The national average price for regular gas rose to $4.176 per gallon on Tuesday. It’s the fifth straight day of increases at the pumps after fuel costs had dropped to as low as $4.02 per gallon just a week ago.
Tuesday’s gas prices also set a new high for the year, breaking the previous record of $4.16 on April 9. Tuesday’s cost was also a notable increase from Monday, when a gallon of regular gas was $4.11. Prices are also higher today than a month ago when regular gas cost $3.976 per gallon. Before the most recent string of increases, the national average price of a gallon of regular gas fell for 9 straight days.
The most recent price increase and new monthly high came just nine days after Energy Secretary Chris Wright said gas prices had likely peaked for the year during an interview on CNN with Jake
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