NBC News: ‘The Rise in Record Gas Prices has Been Relentless–Analysts are Predicting $6 per Gallon by Labor Day’

[Image: NBC News' Sam Brock -- Twitter video screenshot.]

According to AAA, the national average of gas per gallon is $4.86. That’s up 25 cents in the past week and 59 cents in the past month. Diesel’s average is $5.64.

Gas prices are predicted to hit “$6 a gallon by Labor Day”. In California, the average gallon of gas is $6.34, NBC News reports.

“The rise in record gas prices has been relentless. … Analysts are predicting 6 dollars per gallon by Labor Day,” NBC’s Sam Brock said.

Meanwhile, record high gas and diesel prices in California are leading to higher freight costs, which “means higher costs for consumer goods.”

The average national retail price for a gallon of regular gasoline is projected to surpass $6 by the of summer. According to JP Morgan, prices could surge another 37% by August, hitting a $6.20 per gallon national average, as previously reported by The Freedom Times.

Related: Biden Advisor Gene Sperling on Rising Gas Prices: ‘I’m not Gonna try to Say I Feel That Pain Personally’

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