Untrue.
Did you see his week’s gasoline prices?
I predict $5 a gallon here in PA by Memorial Day.
Went up $0.10/gallon every other day last week along the I-83 corridor.
Seems to be slowing this week but I’m not optimistic.
Over the last few decades, gasoline prices have risen dramatically almost every year at this time. What’s driving the increase is the disruption at refineries that must change to summer fuel blends for many large metro areas in the country. This is highly disruptive for refineries for several weeks every spring.
This is one reason why fuel prices are not included in inflation calculations, by the way. You would see this gasoline price hike even if crude oil prices were flat or declining.
$5.09 in Olympia, Washington 5/09/2022.
Watched the average on gas prices this morning both gas and diesal prices listed are under the prices in SJersey. Gas is 4.51 and diesal is 6.50