Gas prices hit record highs on Friday, as consumers are grappling with soaring inflation.
With oil prices still well above $100 per barrel, drivers are unlikely to see much relief at the pump for now.
“May is usually when the futures market in gasoline tends to peak. But this May has brought particular mayhem, if you will.” Tom Kloza, OPIS head of energy analysis, told Yahoo Finance.
The continuation of the Russian invasion of Ukraine is expected to keep oil prices high, he said.
“I think…
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