Gas prices hit an average of $3.13, the highest they've been in seven years and a 44percent increase on last year. Many fear the rising gas prices could worsen inflation and hamper the economy's post-pandemic recovery. And at the end of June, a gas station in downtown Los Angeles had gas prices set at almost $6 a gallon. 'Robust gasoline demand and more expensive crude oil prices are pushing gas prices higher,' said AAA Spokesperson Jeanette McGee in the company's news release. In June, the kingdom produced just under 9 million barrels per day, compared to more than 10 million barrels a day before the pandemic.

Source: Daily Mail July 06, 2021 20:04 UTC