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'Unprecedented rise': Fuel prices nearing decade highs; projections show continued rise

Fueling up
As fuel prices continue to rise, experts are projecting increasing costs over the next three months past even the prices seen in 2014 (pictured).
Dickinson Press File photo

DICKINSON — As Americans face surging inflation, the national average price of gasoline rose 46.5 cents per gallon in the first week of March alone to average $4.06 per gallon in the United States.

The national average is up 61.1 cents per gallon from a month ago and currently stands $1.29 per gallon higher than this time last year.

Vice President Kamala Harris and Transportation Secretary Pete Buttigieg were widely criticized following an address on Monday, which many called “tone-deaf.” The press conference promoted electric cars as a solution to soaring gas prices.

Buttigieg touted, in the address on Monday, investments made by the government into nationwide electric vehicle charging networks, suggesting that Americans should consider purchasing an electric car.

“Clean transportation can bring significant cost savings for the American people, as well,” Buttigieg said.

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A petroleum analysis expert, addressing the rising cost of gasoline and diesel called the ongoing inflation and rising gasoline and diesel prices, "unprecedented."

“There are few words to describe the unprecedented rise in gasoline prices over the last week, with massive spikes coast to coast in both gasoline and diesel prices, as oil prices jump to their highest since 2008. Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50 per gallong," Patrick De Haan, a petroleum analysis expert, said. "California could be heading for $5.50 per gallon with more stations charging $6 and beyond. We've never been in this situation before, with this level of uncertainty. As we lose a major global producer under the weight of deserving bipartisan sanctions for invading a sovereign country, the cost is high."

De Haan added, "Americans will be feeling the pain of the rise in prices for quite some time, with little good news foreseen."

In Dickinson, rising gas prices topped $3.39 per gallon, prompting one Dickinson resident filling up at The Hub Gas Station, at 191 40th St W., to call for Americans to embark on similar measures from the coronavirus pandemic until prices return to normal.

"Gas prices are getting ridiculous. Maybe we should stop driving for two weeks to, 'flatten the curve,' on this issue," Joyce Harris said sarcastically, paying $50.51 to top off her 2018 Chevy Equinox.

According to price reports, in North Dakota the cheapest gasoline was priced at $3.29 per gallon, while the most expensive was nearly a dollar higher at $4.24 per gallon.

Related Topics: DICKINSONGAS PRICES
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