U.S. gasoline prices reached another record high on Tuesday amid the ongoing Ukraine war, which continues to roil global oil markets.
According to data from the American Automobile Association, the average cost of a gallon of regular fuel hit 4-dollars-37 cents as of Tuesday.
That's the highest ever, not adjusting for inflation, surpassing the previous record high of 4-dollars-33 cents per gallon set in March, soon after Russia's invasion of Ukraine.
Pundits say that the typical rise in U.S. gasoline prices in the summer months, mixed with volatility in global oil prices, is not a good sign for relief at the pump.
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