Now, Mr. Hanson is paying over $60 to fill his Dodge Charger, making his trips to take his mother to her doctor appointments more expensive. “It’s too much for too many people that lost their jobs or have low-paying jobs,” Mr. Hanson said. In California, which generally has some of the highest gas prices in the country, a gallon goes for $4.31. But even prices at that level have not been reached since 2018, and they are far above the prices from early in the pandemic, when the price of a barrel hovered around $40. Oil-producing nations finally agreed to cuts and have been operating mostly in lock-step for months, raising output slowly to keep prices high.

Source: New York Times July 06, 2021 15:57 UTC