U.S. gas prices, which had been falling in recent days from their record highs in March, have begun to rise once more, based on data from the American Automobile Association (AAA).
Regular gas prices averaged $4.114 per gallon nationwide on April 20, according to AAA, up by 0.75 percent when compared with $4.083 per gallon a week ago. However, the current price is 3.31 percent less than $4.255 per gallon a month ago. When compared with $2.872 per gallon a year ago, gas prices are up by over 43 percent. The highest recorded average price for regular gas was $4.331 per gallon on March 11.
Some experts think that gas prices will continue to go higher. Tom Kloza, global head of energy analysis at the Oil Price Information Service, calls the gasoline market “still scary” and does not believe $4.33 per gallon will be the highest price in the coming few months. The Russia–Ukraine conflict continues to be an influence over the market, he pointed out.
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