Here comes $3 gas, just as Americans start traveling again

Travel-starved Americans emerging from lockdown may need to budget for $3-a-gallon gasoline on their next road trip. Prices at the pump are on the rise, driven higher by oil prices hitting $60 per barrel, a surge of economic optimism, restraint from US frackers and unprecedented production cuts by OPEC and Russia.

Prices at the pump are on the rise — driven higher by oil prices hitting $60 per barrel, a surge of economic optimism, restraint from US frackers and unprecedented production cuts by OPEC and Russia. https://t.co/4cyq5MQdXK

— CNN (@CNN) March 23, 2021