The U.S. price of regular-grade gasoline is continuing to rise, with the national average hitting a seven-year high.
As of Oct. 27, the national average rose to $3.394 per gallon from $3.389 the previous day, and up from the month-ago average of $3.189, according to AAA.
“With the U.S. economy slowly recovering from the depths of the pandemic, demand for gas is robust, but the supply is tight,” AAA spokesman Andrew Gross said in a statement. “We haven’t seen prices this high since September of 2014.”
The nation’s top five most expensive markets were, as of Oct. 27: California ($4.56), Hawaii ($4.29), Nevada ($3.93), Washington ($3.87), and Oregon ($3.78).
San Francisco gasoline prices, which according to AAA on Oct. 26 averaged $4.73 for a gallon of regular unleaded, appear poised to hit an all-time …