US oil prices have recently jumped above the $80 a barrel mark - the highest level since late 2023, sending worrying signals to the Federal Reserve and overly anxious White House. The surge in WTI has pushed wholesales gasoline prices up... And worse, pump prices are set to accelerate even higher in the coming months to an average of $4 a gallon, which would be the highest level since the summer of 2022, according to Bloomberg, citing new data from AAA Automobile Club.
A combination of issues is pressuring futures and pump prices higher,…Pump Prices Set to Hit $4 a Gallon
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