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Gas tops $4 per gallon average, 1st time since 2008

Gas tops $4 per gallon average, 1st time since 2008

ABC News
Monday, March 07, 2022 12:58:51 AM UTC

The average price of regular gasoline across the U.S. has risen above $4 per gallon for the first time since 2008

NEW YORK -- The price of regular gasoline broke $4 per gallon (3.8 liters) on average across the U.S. on Sunday for the first time since 2008.

During the first full week of Russia's invasion of Ukraine, the price of regular gas rose by almost 41 cents, according to the AAA motor club.

That represents the second largest jump in average national prices in a week, GasBuddy reported.

“As Russia’s war on Ukraine continues to evolve and we head into a season where gas prices typically increase, Americans should prepare to pay more for gas than they ever have before," Patrick De Haan, head of petroleum analysis for GasBuddy, said in a statement.

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