Gas Prices Rise as Demand Increases

gas-prices

(Undated) – Gas prices have set another expensive milestone. According to this morning’s numbers from GasBuddy, the current national average sits at $4.60 a gallon. Despite the ever-rising gas prices, demand continues to increase. GasBuddy recently released the results of its annual summer travel survey revealing that even with record-high gasoline prices, 58% of Americans intend to road trip this summer, a rise from last summer, when gas prices were nearly $1.50 per gallon lower. For the first time, nearly all 50 states have gas price averages above $4 a gallon, Oklahoma being the lone holdout with the cheapest gas in the nation at $3.98 a gallon. The statewide average in Illinois has climbed to $5.02 a gallon. It’s $4.61 in Indiana.