Gas prices are likely to climb to $4 a gallon for the first time in two years, according to Bloomberg.
WASHINGTON — Gas prices are likely to climb to $4 a gallon for the first time in two years, according toThis is unwelcome news for the Federal Reserve which is working to reduce inflation, and the White House is looking to win another term in November.
"I don’t like it, it’s a little bit more expensive than I’d like to pay," said Jared Stowers of Virginia.show the Thursday average for a gallon of regular gas is $3.54, that's $0.43 higher than on Jan. 1.We're making the transition over to cleaner, more expensive blends of gasoline that are required by the EPA for the warmer weather," noted
"The uncertainty in the Middle East, something could develop there that eventually pushes prices over $4," De Haan admitted.Gas prices are rising as Washington continues its battle against inflation. The spike threatens to complicate matters politically and policy-wise. A few drivers Sinclair Broadcast Group spoke with said gas prices may impact who they vote for in November."We're thinking about the economy," Dimalanta explained.
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