It Begins: Gas Prices Hit $5 National Average

Gas prices on Thursday soared to a national average of $5.00 per gallon, according to GasBuddy.

The $5.00 per gallon mark has never been reached before and represents a twelve consecutive record-day high.

In all 50 states on Thursday, the average price of a gallon of gas reached above $4.40, according to AAA data.

In California, gas prices on Thursday reached $6.40 per gallon. JPMorgan commodities analyst predicted gas prices may increase to more than $6.00 per gallon before Labor Day. (Read more from “It Begins: Gas Prices Hit $5 National Average” HERE)

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