Gas prices on the rise for the fifth straight week

January 31, 2023 6:10 AM

Published January 31, 2023 6:20 AM

(NBC, KYMA/KECY) - Gas prices are on the rise once again.

For five straight weeks, gas prices have jumped. According to experts, there may not be any relief any time soon.

Also according to AAA, the current average for a regular gallon of gas is $3.50; far more than what the average was heading into New Years Day and what prices were one year ago.

Experts say the average price of gas could reach $4.00/g later this year.

One reason for the increase could be that demand for gas has risen while the price of oil has slowly increased.

Article Topic Follows: National-World

Jump to comments ↓

NBC News

Dillon Fuhrman

If you have any story ideas, reach out to him at dillon.fuhrman@kecytv.com.

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.