Average U.S. Gas Price Rises 22% In Two Weeks To Record $4.43

The price at the pump is $1.54 higher than it was a year ago.

The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon as Russia's invasion of Ukraine is contributing to already-high prices at the pump.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the new price exceeds by 32 cents the prior all-time high of $4.11 set in July 2008. But that's still quite a ways from the inflation-adjusted record high of about $5.24 per gallon.

The price at the pump is $1.54 higher than it was a year ago.