Gas prices skyrocket as the global energy crisis worsens

Energy demand is back today as the world economy reopens — but supply simply hasn’t kept up. That’s why US oil prices have skyrocketed $120 since crashing to negative $40 a barrel in April 2020. Crude is on track to finish Monday above $80 a barrel for the first time in seven years.All of this is leading to sticker shock for many Americans filling up at the pump — at a time of the year when gas prices typically cool off. The national average price for gasoline hit a fresh seven-year high…


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