Economy & Business, International, Politics

Psaki Expects Gas Prices to Only Rise Higher

Gas prices have soared to record highs in the past year, and analysts say they likely will only get higher.

According to AAA, the national average gas price is $4.33 a gallon, up from an average of $2.86 the same time last year.

“If current policies now considered by the U.S. and Europe continue, it is likely that global oil and natural gas prices will continue to stay high, and could go far higher,” said Mark Mills, an energy expert at the Manhattan Institute…

White House Press Secretary Jen Psaki said Monday the administration is trying to mitigate the rising prices but expects “it will continue” to rise. Read more…

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