The current average price for gasoline in the US is $4.17 per gallon, according to AAA’s April 28 data.
The current average price for gasoline in the US is $4.17 per gallon, according to AAA’s April 28 data. That’s 15 cents higher than a week ago and $1.02 more than the year-ago average, or a 32% increase.
President Trump recently said he expects higher gas prices to last until at least the November mid-term elections. Prices are based on the price of crude oil, which accounts for 40-70% of the cost at the pump. The Brent crude international price of oil is currently about $110 per barrel.
It was $70.75 the day before the US and Israel…