BREAKING: National gas price average hits new record high at $4.45 per gallon
hit a record high, and is expected to continue rising as the energy supply crunch in the U.S. rages on.. Some states with higher-than-average prices include California at $5.92 a gallon, and Hawaii at $5.32.The national average retail price for a gallon of regular gasoline reached $4.40.
However, Andy Lipow, the president of Lipow Oil Associates, estimated that the national average could soon surge as high as $4.50 per gallon. Before Russia was hit with sanctions for invading Ukraine, threatening the already tight global oil market, the national average was at $3.53, according to Lipow.
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