Gasoline retail prices record high = National Automobile Association | Reuters

On March 8, retail gasoline prices in the United States rose to record highs. The rise is expected to continue as the US government has decided to ban imports of Russian oil. Photo taken at a gas station in Phoenix, Arizona, August 2011 (2022 Reuters / Joshua Lott)

[Reuters]–The retail price of gasoline in the United States rose to a record high on the 8th. The rise is expected to continue as the US government has decided to ban imports of Russian oil.

According to the National Automobile Association (AAA), the average gasoline price on the 8th reached $ 4.173 per gallon. In some areas it was over $ 5.00, hitting people in the world’s largest petrol-consuming countries.

Gasoline prices have skyrocketed in recent weeks due to rising oil prices and Russia’s invasion of Ukraine.

The US import volume of Russian oil in 2021 averaged 670,000 barrels per day.

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