Gas Prices Soar Over $5 Per Gallon in One Large US City

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After Russia invaded Ukraine, many Americans were concerned about how the conflict would directly impact them, from supply chain problems to inflation to shortages of certain goods and services.

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Primarily, many are concerned about fuel prices, worried about long lines at gas stations and never-before-seen high prices when filling their tanks.

That fear seems unfounded, as the first average gas price per gallon just skyrocketed to over $5 in San Francisco.

Per AAA data, the current median price per gallon of gas in the United States is about $3.73, while the state average for California is $4.94.

The current average price of gas last year was estimated at $2.75.

This is the first time in US history that gas has ever averaged $5 per gallon in a city, based on oil and gas expert Patrick De Haan.

Oil prices jumped more than $113 in trading on Thursday.

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