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August Becomes Costliest Month for Gas | Birmingham News

August Becomes Costliest Month for Gas | Birmingham News

Published 1 day, 11 hours ago
Description

Gas prices in the U.S. have shattered records this August, staying above $4 a gallon every single day — the first time ever for a full month. Driven by global tensions around the Strait of Hormuz and crude oil hovering near $80 a barrel, drivers are paying the price. While AAA reports a slight dip to $4.09 this week, that’s still up from last year’s $3.20 average. Demand is rising while supply falls, widening the gap — with California hitting $5.63 and Indiana still under $4. Summer’s ending with wallets hurting and no relief in sight.

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