AAA reported the price fell by about a half-cent to $4.325 after hitting a record $4.326 on Saturday. It’s not a significant decrease by any means, but after days of a continued price hike at the pump, the news may signal a sign of relief for drivers.
Prices at the pump were rising long before Russia invaded Ukraine but have spiraled faster since the start of the war.The average price of gasoline in the U.S.
hit a record $4.17 a gallon on March 8 as President Joe Biden banned imports of Russian oil, gas and coal in retaliation for the invasion of Ukraine.
The average price per gallon continued to soar from there, hitting $4.326 on March 12. The previous record average price was set on July 17, 2008, at $4.10 per gallon.The amount of U.S.