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Stock impact report

National gas price average hits new record high at $4.45 per gallon [FOX Business Network]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
The national average gas price hit a record high, and is expected to continue rising as the energy supply crunch in the U.S. rages on. The average price for a gallon of gas hit $4.45 Saturday, according to AAA Gas Prices . Some states with higher-than-average prices include California at $5.92 a gallon, and Hawaii at $5.32. Diesel also hit its own highest recorded cost at $5.56. BIDEN ENDING MORATORIUM ON FEDERAL DRILLING LEASES WON'T HELP GAS PRICES FOR ‘OVER A YEAR': OIL EXPERT The national average retail price for a gallon of regular gasoline reached $4.40. However, Andy Lipow, the president of Lipow Oil Associates, estimated that the national average could soon surge as high as $4.50 per gallon. High gas prices are seen in front of a medical billboard Wednesday, May 11, 2022, in Milwaukee. (AP Photo/Morry Gash / AP Newsroom) Before Russia was hit with sanctions for invading Ukraine, threatening the already tight global oil market, the national average was at $3.53, ac Show less Read more
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