Gas Prices Top $4.50 a Gallon, Highest Since Jul. 2022
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Gas prices are putting pressure on drivers, airlines, and everyday budgets, and the question of when relief could arrive is not a simple one.
People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
Prediction markets are speculating how high gas prices will reach this week. Market volume is beyond $160,000 and rising. Universally, those taking part in this market believe the price is guaranteed to surpass $4.400. It is in the mid-90s for it to go above $4.420.
In a midterm election that will likely be decided by how voters feel about the economy, Republicans are grappling with how to discuss the war in Iran and its impact.
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve
The fuel cost tracker Gas Buddy says the average cost of regular unleaded in McLean County is $4.82 per gallon, up from $4.20 last week.
(GasBuddy) Some gas stations in the Fort Wayne area already reflect a national trend in the rise of gasoline prices. The nation’s average price of gasoline has risen 24.3 cents over the last week and stands at $3.92 per gallon, according to GasBuddy ...