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Panic Buying Sends U.S. Gasoline Prices To Near 7-Year High

July 9, 2021 by

The average price of a gallon of gasoline in the United States has jumped on the Colonial Pipeline ransomware attack and subsequent outage. The overall average price of retail gasoline is now at $2.985 per gallon, according to AAA. This compares to a year-ago average of just $1.847 per gallon.

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