National gas price average hits new record high at $4.45 per gallon

Posted 2 days ago

From WWW.FOXBUSINESS.COM

The national average gas price hit a record high, and is expected to continue rising as the energy supply crunch in the U. S. rages on.

The average price for a gallon of gas hit $4.45 Saturday, according to AAA Gas Prices. Some states with higher-than-average prices include California at $5.92 a gallon, and Hawaii at $5.32.

Diesel also hit its own highest recorded cost at $5.56.

The national average retail price for a gallon of regular gasoline reached $4.40. However, Andy Lipow, the president of Lipow Oil Associates, estimated that the national average could soon surge as high as $4.50 per gallon.

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