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This week’s R&D from Prepd covers high gas prices. Gas prices in the United States reached a new record high on Tuesday, prompting calls for a response by the Biden administration. Higher prices could exacerbate the country’s inflation problem, providing greater hardship for working class Americans. Experts expect that gas prices will remain near or above $4 a gallon until the end of the year.
Gas prices are soaring across the U.S.
How high could gas prices go?
Analysts say it’s not hard to see fuel costs reaching $5 a gallon on averageRead more at https://t.co/e0RhSGDAQ2
— Los Angeles Times (@latimes) March 10, 2022
Breaking News: U.S. prices rose 7.9% in the year through February, a new 40-year high for inflation, as gas, food and rent all grew more expensive.https://t.co/9aEmlwgbbC
— The New York Times (@nytimes) March 10, 2022
A growing number of governors and state lawmakers across the U.S. are calling for the suspension of gas taxes to provide relief to motorists from record high prices. https://t.co/DUAQW3J41w
— The Seattle Times (@seattletimes) March 10, 2022
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