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Gas Prices Rising toward $5 A Gallon In US

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DALLAS (AP) — Gasoline is closing in on $5 a gallon nationwide for the first time ever, according to AAA. The auto club said the national average for a gallon of regular hit $4.97 on Thursday. High gas prices are another on the wallets of consumers who are paying more for many other essentials too. Prices are up a quarter in just the last week and up $1.90 from where they were a year ago. Pump prices have been rising steadily for months, as global oil prices rise and demand for gas increases. Prices range from an average $6.40 a gallon in California to $4.41 in Georgia.

—Copyright 2022 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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