Average US gas price rises 22% in two weeks to record $4.43
March 13, 2022
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia's invasion of Ukraine is contributing to already-high prices at the pump.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the new price exceeds by 32 cents the prior all-time high of $4.11 set in July 2008.
In today's dollars, the previous record would be equal to $5.30 a gallon, according to the U.S. Bureau of Labor Statistics' inflation calculator.
The price at the pump is $1.54 highe...