AAA expects gas prices to keep rising as Russia continues fighting in Ukraine
AAA says motorists should not expect any relief at the gas pump anytime soon.
AAA says motorists should not expect any relief at the gas pump anytime soon.
Demand for gasoline along with prices is rising as more people return to work and restrictions ease on public activity amid the pandemic.
More demand for gasoline is driving up retail prices.
Low-cost gasoline may soon be coming to an end as some states, including Indiana, begin a gradual reopening of businesses following more than two months of state-at-home orders to slow the spread of the coronavirus.
Decreased demand created by fewer vehicles on the nation’s roads because of efforts to limit public interaction during the COVID-19 crisis is keeping gasoline prices low, AAA said.
A global crude oil price war and lower demand has caused the national average price for a gallon of gasoline to drop below $2 for the first time in four years, according to AAA.
Mild weather during the holiday season in the Midwest and other parts of the country fueled a spike in motorist travel, which drove up the price of retail gasoline around the country AAA reported.