Gasoline costs more these days, but price spikes have a long history and happen for a host of reasons

Posted on AllSides December 10th, 2021
From The Center
(Al Seib/Los Angeles Times via Getty Images)

Americans are acutely sensitive to gasoline prices, especially when they’re on the rise. One reason, of course, is that we buy a lot of gas: an estimated 570 gallons this year for the average driver, which at current national average prices would cost close to $2,000. Also, gas prices are posted all over town on large signs – unlike, say, milk prices – and people typically buy gas on its own rather than as part of a larger shopping trip, making price changes more noticeable. And gas prices can and do swing sharply and...

Read full story

Pew Research Center

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
106714/84321
See full bias rating for Pew Research Center
Learn about media bias
https://www.pewresearch.org/fact-tank/2021/12/09/gasoline-costs-more-these-days-but-price-spikes-have-a-long-history-and-happen-for-a-host-of-reasons/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right