US gas average reaches $5 for first time ever

The AAA motor membership reported that the common worth for a daily gallon of gasoline reached $5.004.
EPA

The hits simply preserve coming.

For the primary time in historical past, the nationwide common for a gallon of gasoline has topped $5, one other grim milestone as rampant inflation continues to punish customers.

The AAA motor membership reported Saturday that the common worth for a daily gallon of gasoline reached a whopping $5.004, up 19 cents from simply final week and $1.93 from this time final yr.

The summer time months often drive up fuel costs as People usually begin utilizing autos extra round Memorial Day weekend.

Nonetheless, this yr oil costs are actually by the roof, largely as a consequence of Russia’s invasion of Ukraine and sanctions which have resulted from it.

California has the very best common worth, at $6.43, in keeping with AAA. New York is $5.03. The bottom common is Mississippi, at $4.52.

With Submit wires.