Gasoline prices in the United States are at a historic high, reaching $4.17 per gallon, according to the American Automobile Association (AAA), which monitors the cost of fuel at gas stations.
According to the organization, by the morning of March 8 a gallon of gasoline cost $4,173 in the United States – the highest average price of fuel in history. The previous record was set in July 2008, when the price of gasoline at US gas stations was $4.11 per gallon. A year ago, the cost of gasoline to consumers was $2.7.
The Guardian also wrote that the price of petrol in the UK has reached a historic high. Experts believe that for many families who own cars, fuel may soon become unaffordable. The article says that the increase in fuel prices will also affect businessmen, as their transportation costs will rise.