According to Triple-A, the statewide average for a regular gallon of gasoline has jumped seven cents over the last 24 hours to $3.48. Triple-A fuel analyst Don Redman says Russia’s invasion of Ukraine is pushing prices higher.
“And that has the market very jittery, we see the price of crude now over $110 a barrel that’s what is driving those prices upward,” said Redman
The highest recorded average price for Louisiana is just above four dollars a gallon and Redman says we could hit that mark again soon.
“I would just advise most motorists to start budgeting $4.00 a gallon in the coming weeks,” said Redman.
Redman says if gas prices approach $4 a gallon, people will change their behavior dramatically.
“And that is cutting back on vacations, people will go on the vacations, but they maybe will not travel as far or stay as long,” said Redman.
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