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GasBuddy: Average gas price reaches record high for this time of year

GasBuddy: Average gas price reaches record high for this time of year

Summary

Gas prices in the United States reached the highest level ever recorded for this time of year, exceeding $4 per gallon after August 12. This information comes from GasBuddy, a company that tracks fuel prices.

Key Facts

  • GasBuddy tracks fuel prices across the U.S.
  • The national average price of gasoline surpassed $4 per gallon after August 12 for the first time ever.
  • Patrick De Haan is the head of petroleum analysis at GasBuddy.
  • The record high refers specifically to gas prices in mid-August.
  • The increase in gas prices affects consumers who buy fuel for their vehicles.
  • Gas prices can change due to supply, demand, and other factors like weather or global events.
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