Just when you thought it was safe to go back to the gas station:
Even before Wednesday's action by OPEC+ to cut oil production, US gas prices were on their way up. More price increases at the pump likely lay ahead.
Gas prices rose nearly 3 cents a gallon in AAA's daily reading Wednesday, to $3.83 a gallon, the biggest one-day hike in nearly four months.
The 99-day streak of price declines from mid-June to September 20 may become a distant memory, even as today's prices are still far below the June record of just over $5.03 a gallon. Gas prices have increased every day but one day since then, and are now up by 16 cents a gallon, or 4%, since they bottomed out two weeks ago at $3.67 a gallon.
Yep. You know what means: Time to bust out the alternative modes of transportation again. Better dust off your scooter:
Or call up your alien buddy and see if he's up for giving your bike a lift.
Or just get comfortable with walking again.
Be sure to thank Democrats for this at the midterm polls!
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