New York CNN — Normally, prices at the gas pump drift lower during the dead of winter as lousy weather keeps Americans off the roads. But something unusual is happening this year: Gas prices are rocketing higher. The national average for regular gas jumped to $3.51 a gallon on Friday, according to AAA. Although that’s a far cry from the record of $5.02 a gallon last June, gas prices have increased by 12 cents in the past week and 41 cents in the past month. All told, the national average has climbed by more than 9% since the end of last year – the biggest increase to start a year since 2009, according to Bespoke Investment Group. AAA says some states have experienced much bigger gains over the past month, including Colorado (98 cents), Georgia (70 cents), Delaware (62 cents), Ohio (60 cents) and Florida (59 cents). Americans are spending an extra $371 a month because of inflation The unusual wintertime jump in gas price is drawing eye rolls from American drivers already grappling with high prices at the supermarket. It also threatens to undermine improvements in the inflation crisis that gripped the economy much of last year. So, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
