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U.S. gas prices ease back from record high
CBSN
Americans are getting some relief on prices at the pump, even as oil climbs back up above $100 a barrel.
Fuel costs surged to a record high last week as the Ukraine war heightened concerns that the conflict might disrupt supplies of oil from Russia, which accounts for about 12% of the global market for crude.
Gasoline prices averaged $4.27 per gallon on Friday, down from a peak of $4.33 on March 11, according to AAA. That price last week shattered the previous high of $4.10 in 2008.
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This story previously aired on Feb. 10, 2024. It was updated on Feb. 15, 2025. AMIE HARWICK (video): You can seek therapy to address an issue like depression, anxiety, a breakup. You can also seek therapy to be a better you! GARETH PURSEHOUSE (voicemail): I have so much I need to say. Please give me a chance to just say it. … Please (crying) please.
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