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Gas Hits Highest National Average

News Flash: US Gas Hits $4 Average For First Time Ever

While most of us have been seeing $4 gas for quite some time, the national average hovered just below that figure until this weekend. Having surpassed the much talked about $4 mark, we can now look ahead to additional price hikes as the AP reports more expensive gas in the future.

Adjusting to the high cost of gasoline may not ever happen for some of us, but given the frequent speculation up to now none of us should be too surprised about the news. Oh, except maybe a BusinessWeek writer who published this headline just last April: "$4 Gas? Fat Chance: Despite tight supply and steady demand, it would take a disaster along the lines of Hurricane Katrina to push pump prices that high."


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