Report: Gas Prices Rise to 7-Year High

Report: Gas Prices Rise to 7-Year High

A recent report from CNBC indicated Americans are paying the highest prices for gas in the last seven years, and some cities have gas prices as high as $5 per gallon.

CNBC noted that Americans are paying the highest at the pump due to the steady climb the nation has been seeing over the past year.

According to the American Automobile Association (AAA), a federation of motor clubs throughout North America, the national average price on Wednesday for a gallon of gas was $3.22.

Wednesday is the highest national average since “at least” October 2014, CNBC reported, but in some instances, states are paying way more. In California, the average price is over a dollar more than the average, sitting at $4.42 for a gallon of gas, and in Mono County, California, the price for a gallon of gas is over five dollars a gallon.

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