The national average of regular gas is $4.17, up 6 cents more than the previous record in 2008, AAA says.
As the conflict between Russia and Ukraine continues, crude prices soar, leading to higher pump prices in the U.S. A staggering 45 cents more than a week ago, 62 cents more than a month ago and $1.30 more than a year ago. The national average has not been this high since July 2008, according to AAA.
The AAA says last week, the International Energy Agency announced a coordinated release of crude oil from its 31 member countries’ strategic reserves, including the U.S., Germany, Canada, South Korea, and Mexico, to help counter the impact of rising crude prices.