Gas prices start to see decline

According to GasBuddy’s latest survey of gas prices,”the national average gas price in the U.S. has begun to decline since its peak of $4.35 per gallon, set on March 10, but prices on the West Coast, and specifically California, have continued to soar.” Prices in Texas have been mirror that of the national average, and have started to decline. However, “Los Angeles, today(March 22, 2022) , became the first major city in the U.S. to reach an average gas price of $6 or more.” “In less than three weeks, the average price of gasoline in Los Angeles has surged by an average of $1 per gallon, blowing past $5 and now reaching $6 per gallon on refinery issues and Russia’s war on Ukraine,” said Patrick De Haan, head of petroleum analysis at GasBuddy.