• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
National Gas Price Highest Since 2008, Nearing ‘All-Time Record’

National Gas Price Highest Since 2008, Nearing ‘All-Time Record’

March 7, 2022
Trump’s ‘Big, Beautiful’ Bill Advances To His Desk

Trump’s ‘Big, Beautiful’ Bill Advances To His Desk

July 3, 2025
‘Define Wins’: Dem Rep Spins Trump’s Victories After CNN Host Lists Off His Accomplishments

‘Define Wins’: Dem Rep Spins Trump’s Victories After CNN Host Lists Off His Accomplishments

July 3, 2025
Melania Trump Visits with Patients at Washington Children’s Hospital

Melania Trump Visits with Patients at Washington Children’s Hospital

July 3, 2025
House Minority Leader Hakeem Jeffries Warns ‘Thousands Will Die’ If Trump’s Bill Passes

House Minority Leader Hakeem Jeffries Warns ‘Thousands Will Die’ If Trump’s Bill Passes

July 3, 2025
Media’s Trump Tariff Inflation Fear Mongering Turns Out To Be Total Dud

Media’s Trump Tariff Inflation Fear Mongering Turns Out To Be Total Dud

July 3, 2025
Supreme Court Declines to Revive Law Requiring Parental Consent for Underage Abortions

Supreme Court Declines to Revive Law Requiring Parental Consent for Underage Abortions

July 3, 2025
Trump Admin to Ask Supreme Court to Back Firing of Government Watchdog

Supreme Court to Decide on Transgender School Athletes Bans

July 3, 2025
‘Held Out As Long As We Could’: How House Some Conservatives Got To ‘Yes’ On Trump’s Megabill

‘Held Out As Long As We Could’: How House Some Conservatives Got To ‘Yes’ On Trump’s Megabill

July 3, 2025
GOP Holdout Blasts CNN Host To Her Face For Network ‘Trying To Scare’ Americans About Big, Beautiful Bill

GOP Holdout Blasts CNN Host To Her Face For Network ‘Trying To Scare’ Americans About Big, Beautiful Bill

July 3, 2025
‘ZERO Tolerance’: EPA Brings Down Hammer On Bureaucrats Publicly ‘Sabotaging’ Trump Agenda

‘ZERO Tolerance’: EPA Brings Down Hammer On Bureaucrats Publicly ‘Sabotaging’ Trump Agenda

July 3, 2025
Sobbing Dem Says She Was ‘Forced Back’ To DC To Vote On ‘Disastrous’ Trump Bill

Sobbing Dem Says She Was ‘Forced Back’ To DC To Vote On ‘Disastrous’ Trump Bill

July 3, 2025
Navy Slapped With Massive Lawsuit Over Fuel Leak

Navy Slapped With Massive Lawsuit Over Fuel Leak

July 3, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Thursday, July 3, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

National Gas Price Highest Since 2008, Nearing ‘All-Time Record’

by Bradley Cortright
March 7, 2022 at 10:21 am
in News
250 2
0
National Gas Price Highest Since 2008, Nearing ‘All-Time Record’

MILL VALLEY, CALIFORNIA - JULY 12: A customer prepares to pump gasoline into his car at a Valero station on July 12, 2021 in Mill Valley, California. The price of gasoline in the San Francisco Bay Area is the highest in the nation with an average price of $4.46 for a gallon of regular in San Francisco. The statewide average in California is $4.30, the highest average in the state since 2012. (Photo by Justin Sullivan/Getty Images)

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Gas prices around the country are surging to levels not seen in more than a decade and are pushing toward a record high amid the fallout from Russia’s invasion of Ukraine.

According to AAA, as of Monday morning, the average price for a gallon of gas nationally was $4.06, up from $3.61 a week ago.

Missouri had the lowest average at $3.62, followed by Oklahoma at $3.64.

Meanwhile, California had the highest average at $5.34, followed by Hawaii at $4.69.

Oregon, Washington, Illinois, New York, Pennsylvania, and Connecticut were among the states with the next highest prices.

Patrick De Haan, head of petroleum analysis at GasBuddy, tweeted on Monday, “The national average [is] now just a penny from an all-time record.”

BREAKING: The national average now just a penny from an all-time record

— Patrick De Haan ⛽️? (@GasBuddyGuy) March 7, 2022

Last year, gas prices surged to a seven-year high, and De Haan predicted that the increases would continue into 2022 — and that was before Russia launched its invasion.

De Haan told The New York Post that the prices increases across the country now “still has to do with the Russia-Ukraine situation.”

He also predicted that if the conflict escalates, “The impact could be more severe.”

Additionally, De Haan noted that while the U.S. has not placed sanctions on Russia’s energy sector, “Previous sanctions on Russia’s banking and shipping industries [are] essentially putting a chokehold on Russian oil exports, which have plummeted.”

“Certainly those existing sanctions are having a significant impact, and that’s why oil [has] continued to go up in recent days,” he added.

As gas prices rose, U.S. officials reportedly met with Venezuelan officials to discuss easing sanctions on the South American country’s oil sector.

According to The Wall Street Journal, “The proposals being discussed in the Venezuelan capital would ease sanctions for a limited period on U.S. national security grounds.”

Former President Donald Trump hit Venezuela’s oil sector with sanctions in 2019.

However, U.S. officials believe that easing sanctions could help alleviate rising prices and potentially create a wedge between Venezuela and Russia.

Tags: Gas PricesRussiaU.S. NewsUkraine
Share196Tweet123
Bradley Cortright

Bradley Cortright

IJR, Senior Writer He's written for Independent Journal Review since 2019.

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th