$10 A GALLON? Report: US Gas Prices Could Double Soon, Amid Potential Supply Shortage

Some gas stations across the country are already bracing for the Next Big Thing involving surging fuel prices, namely the price per gallon potentially exceeding $10, Newsmax reports. For other stations, however, there might be no product left to sell at the pumps.

Throughout eastern Washington, according to a Post Millennial report, gas stations are running out of fuel. This current shortage mainly accounts for regular unleaded and premium gasolines, but the diesel supply is also in short supply, according to reports. With the supply seemingly shrinking, and demand going way up, that naturally leads to higher fuel prices.

Back in January 2021, the final month of former President Donald Trump’s tenure in the White House, the average price of gas was $2.41 per gallon — with some states even reporting gas at less than $2 per gallon. In the aftermath, though, coinciding with President Joe Biden taking office, fuel prices have skyrocketed in America.

{Matzav.com}