A gas pump is inserted inside an Audi vehicle at a Mobil gas station in Beverly Boulevard in West Hollywood, After a tumultuous year, U.S. gasoline prices have been steadily falling from peaks reached in June due to high demand and tight global refining supply. But in some regions, the average price is beginning to rise again, prompting concern from the Biden administration. Although 60% of U.S. states saw gasoline prices fall week on week, the national average gas price increased by about 7 cents per gallon in the same period, according to data from the American Automotive Association. Last week top White House officials met with oil executives to discuss Hurricane Ian and low gasoline inventories as President Joe Biden warned the industry not to price-gouge consumers. Why are gasoline prices rising in some regions? Gasoline prices […]