50 Mins
Source:
الاقتصادية
Gasoline prices affect Labor Day in US
Gasoline prices in the United States have risen to their highest levels in years, with expectations that the average will reach $4.03 per gallon on Labor Day, surpassing the previous record of $3.83 set in 2012. The reasons for the surge include ongoing conflicts in the Middle East, rising oil prices that have exceeded $90 a barrel, as well as attacks on Russian refineries and fears of disruptions to oil supplies. This increase places a significant financial burden on consumers, with the average price now around $4.13 per gallon, affecting travel plans, reducing recreational activities during the holiday, increasing household budget pressures, and impacting the travel and airline markets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)