"Prices at the pump in the US hit an eight-month high this week — boosted by the increased cost of crude oil as producers slash output."
"According to roadside assistance company AAA, as of Friday, the average national gas price is $3.73 per gallon for regular gas
— up 20 cents from last month’s average.
The more fuel-efficient premium gas, meanwhile, has surged to nearly $4.50 — also a 20-cent increase from June."
"California’s average is the highest, at $4.95 per gallon of regular gas.
In counties like Mono, for example, located just outside Yosemite National Park,
the price per gallon has soared to an eye-watering $6.05, according to figures by AAA."
(From another NY Post article posted 6/23) :
“The voluntary cut is on top of a broader deal by the Organization of the Petroleum Exporting Countries
and allies including Russia to limit supply into 2024 as the OPEC+ producer group seeks to boost flagging oil prices.
OPEC+ pumps about 40% of the world’s crude and has cut its output target by a total of 3.66 million bpd, amounting to 3.6% of global demand.”
Nah, that eye-watering is tears of joy. Why? Because the gas pumps haven't had to add an extra digit to the price banners.
Yet.
Do y'all remember when the price of gas exceeded $0.99 in 1980, and suddenly all the pumps had to add another digit for the "dollars" amount?
You just wait. $10/gal gas is coming, all too soon.
Then your eyes will be watering with tears of rage, but you won't be able to do d@mned thing except cough it up.
It’s vacation time so gas prices rise every summer.