The hike in gasoline prices leave Americans in a familiar pinch as they pour more and more money into their gas tanks.
The average price nationwide has shot up by 30 cents per gallon over the last month alone. Analysts believe gas prices could further climb before the summer travel season begins.
The gasoline price at a British Petroleum station on Tenth Avenue of New York City was about $4.20 a gallon on Thursday — well above the national average of about $3.90.
The fuel price is also well below some other locations in New York City — where a gallon of gas can cost more than $4.50.
It sure seems that way to nearly seventy percent of Americans that, according to a recent poll, don’t like the way President Barack Obama is dealing with the high cost of gasoline.
The US and EU have imposed tough sanctions against Iran’s financial and oil sectors since the beginning of 2012, claiming that the country’s nuclear energy program may include a military diversion.
Tehran, however, has repeatedly rejected the unsubstantiated claims, noting that regular and frequent inspections by the International Atomic Energy Agency have never proved any such diversion in Iran’s nuclear energy program.
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