The rising cost of oil and refineries dialing back production during the summer heat have driven gas prices to their highest levels in nine months. The average price for a gallon of regular-grade gas in the United States reached $3.80 on Wednesday, 26 cents more compared with a month ago, according to data from AAA. It is the highest level since November, though still lower than the peak average of $5 in June 2022.
Gas prices hit their highest level this year as heat hampers refineries
August 3, 2023