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January 1, Gas Prices Soar Above $4 per Gallon



New data from AAA shows that gas prices have skyrocketed.

In the U.S., the average regular gas price jumped to $4.07 per gallon on Monday. According to AAA, that’s about a 45-cent increase in the last week.

The dramatic increase means prices are pennies away from setting a new all-time high.

The current record-holder for the highest gasoline price is 2008’s $4.11 per gallon.


Gas prices smash through $4 barrier

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