Why Are Gas Prices Going Up 2024. In 2022 and 2023, increases in natural gas supply (domestic natural gas production and imports) exceeded. The national average price for a gallon of gas hit $3.60 over the weekend before inching down to $3.58, according to gasbuddy, which compiles data from over 150,000 gas stations.


Why Are Gas Prices Going Up 2024

In 2022 and 2023, increases in natural gas supply (domestic natural gas production and imports) exceeded. The global oil market and seasonal trends point to more price hikes at the pump.

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