{"id":1984950,"date":"2023-07-28T10:54:02","date_gmt":"2023-07-28T14:54:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gas-prices-across-u-s-rise-to-eight-month-high\/"},"modified":"2023-07-28T10:56:17","modified_gmt":"2023-07-28T14:56:17","slug":"gas-prices-across-u-s-rise-to-eight-month-high","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gas-prices-across-u-s-rise-to-eight-month-high\/","title":{"rendered":"U.S. gas prices hit 8-month high."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgas-prices-across-u-s-rise-to-eight-month-high%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1984950&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Gas Prices Soar to Eight-Month High in the U.S.<\/h2>\n<p><span style=\"font-weight: 400\">Gas prices have skyrocketed to an eight-month high across the United States, with analysts predicting \u200dfurther \u2063increases.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to AAA, the\u2063 average price for a gallon of regular gas reached $3.73 on Friday, while diesel hit \u200d$3.97. Last summer, AAA recorded\u2063 the highest prices ever, with regular gas reaching $5.01 per gallon and diesel hitting $5.81. On Thursday, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/average-u-s-gas-price-3-44-a-gallon-the-highest-since-2014\/\" title=\"Average U.S. gas price .44 a gallon, the highest since 2014\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/economists-bidens-policies-to-lift-oil-and-gas-prices-hurt-u-s-households\/\" title=\"Economists: Biden\u2019s policies to lift oil and gas prices, hurt U.S. households\">gas prices<\/a> reached<\/a> their highest\u200c point since November 22.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Several states, including Iowa, Florida, and Indiana, have seen\u200c prices surge \u200cby over 20 cents in just one week.\u2063 NBC News reports that 16 \u200cstates \u200chave experienced jumps of at least 15 cents. The price\u2062 surge began on Thursday and\u2064 continued into Friday.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: The average price of\u2063 gasoline in the US has \u200crisen to its highest level of 2023 at $3.687\/gal.<\/p>\n<p>\u2014 Patrick De Haan \u26fd\ufe0f\ud83d\udcca (@GasBuddyGuy) <a href=\"https:\/\/twitter.com\/GasBuddyGuy\/status\/1684706185155424257?ref_src=twsrc%5Etfw\">July 27, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Analysts attribute the price surge to decreased oil production and refinery outages. Saudi\u200b Arabia recently announced a reduction in oil production by one million barrels per day for July and August to stabilize the oil market. As a result, the price of a barrel of oil has surpassed $80.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Patrick \u2064De Haan, a petroleum analyst at Gas Buddy, revealed that some refineries in Texas and Louisiana have faced issues during the summer. He explained, \u200d&#8221;There&#8217;s no magic formula to determine the exact impact on gas prices, since factors\u2063 such as refineries make that relationship more\u200b murky. Refining capacity has been the elephant in the room, causing\u2064 gas prices to have less of a direct relationship with oil since Covid shut down a significant amount of refinery capacity.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\">De Haan predicts that\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shells-profits-tumble-56-to-5-billion-as-energy-prices-cool\/\" title=\"Shell's profits plummet by 56% to  billion due to declining energy prices.\">gas\u2062 prices<\/a> may approach an average of $4 per gallon. He tweeted, &#8220;On\u2064 our current trajectory, it seems the national average could rise to \u2064$3.85\/gal, \u200cand we could even get close to \u200d$4\/gal on the first\u200c potential of a storm aiming for\u2063 the Gulf.&#8221;<\/span><\/p>\n<p><b><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1690455510071000&#038;usg=AOvVaw0zc8zwWGoXeRzcNJLiJVWI\">CLICK HERE TO GET THE DAILYWIRE+ APP<\/a><\/b><\/p>\n<p><span style=\"font-weight: 400\">When President Joe Biden took office, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/national-average-gas-price-surges-to-highest-level-since-obama-era\/\" title=\"National Average Gas Price Surges To Highest Level Since Obama Era\">national average price<\/a> of gasoline was $2.38 per gallon, according to the Energy Information Administration. By the start of \u2064the Russian invasion of Ukraine, the price had increased to $3.53 per gallon.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Biden administration has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gas-prices-across-u-s-rise-to-eight-month-high\/\" title=\"U.S. gas prices hit 8-month high.\">consistently attributed rising gas prices<\/a> to Russia&#8217;s invasion of Ukraine. However, the\u200d president has faced criticism for his energy policies, including the cancellation of the Keystone Pipeline and \u2062restrictions on oil drilling on federal lands.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gas prices in the U.S. have surged to an eight-month peak, with predictions of further increases. AAA reports that the average cost of a gallon of regular gas reached $3.73, while diesel hit $3.97 per gallon on Friday. These prices mark the highest ever recorded by AAA.<\/p>\n","protected":false},"author":200,"featured_media":1984951,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1984950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1984950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/200"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1984950"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1984950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1984951"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1984950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1984950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1984950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}