Gas Prices Hit Five-Month High—Could They Hit $5 Again?
- Date: 05-Apr-2023
- Source: Forbes
- Sector:Oil & Gas
- Country:Saudi Arabia
Gas Prices Hit Five-Month High—Could They Hit $5 Again?
National average gas prices reached a five-month high Wednesday, surpassing $3.50 per gallon for the first time since November, following Saudi Arabia’s decision Sunday to drastically cut oil production and as analysts warn rising oil prices and high demand threaten to bring prices back toward record highs last summer—though at least one analyst doubts they’ll return to the dreaded $5 mark.
Gas prices shot up to a five-month high Wednesday, as demand rises and inventories fall.
Select Sector 
Select Country 
