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Gas prices spike, but could soon reverse course: AAA

Por: Fox Business Business August 04, 2023

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Last month’s extreme heat fired up gas prices: AAA (iStock) National average gas prices increased to $3.82 per gallon for the week ending August 3, marking an 11-cent spike from last week, according to the latest by AAA. Although gas prices continue to rise, the pace is slowing, and could soon see more relief. Prices have risen mainly due to the rising cost of oil, which was near $80 per barrel last week. However, that has since softened. The... + full article



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