Gasoline prices in the United States have dropped to a national average of $4.087 per gallon, down from $4.114 a week ago, but with oil prices rising again on the Russia-Ukraine war and production shutdowns in Libya, prices at the pump could rebound again. A month ago, the national average at the pump was $4.274 per gallon, according to AAA, still shy of the highest ever national average on record on March 3rd, 2022, of $4.331. Source: AAA While the national average is down over the past week, Monday saw oil prices rise well above $100 on European discussions of a ban on Russian oil and gas and on announcements from the Libyan National Oil Company (NOC) of force majeure at its two biggest oilfields and export terminals. Brent crude ended Thursday at $112.7 per barrel, while WTI closed above $108 per barrel, suggesting that there could be more […]