Gas prices surge overnight -- biggest jump since Hurricane Katrina
CNN
US gas prices are surging at pace drivers haven't seen since Hurricane Katrina in 2005.
The national average price for a gallon of regular gas stood at $3.84 a gallon Friday, according to AAA. That is the highest price since September 2012 and 11 cents higher than Thursday.
Gas prices have soared 18 cents since Wednesday and 29 cents since Russia's invasion of Ukraine eight days ago. Each of those increases marks the largest price hikes since Hurricane Katrina slammed into the US Gulf Coast in 2005, devastating the nation's oil and gas industry, according to the Oil Price Information Service, which collects data from 140,000 gas stations nationwide for AAA's price averages.
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