Unlike nationwide, local gas prices still fall short of records

Unlike nationwide, local gas prices still fall short of records
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Gas prices are still hitting new records, with the nationwide average for a gallon of regular octane climbing to $4.43 today, according to AAA.

Locally, gas prices are getting closer to their record high of $4.18 a gallon set in March, but their still about a dime a gallon away from that benchmark.

"Gas prices have really been on a roller coaster ride," said AAA's Nick Chabarria. He says volatility in world events -- Russia's war in Ukraine, supply issues, rising demand -- has sent prices up and down.

"We saw a little bit of a dip just a couple of weeks ago, prices starting to come down, and of course, really this week have shot back up," he said.

With Memorial Day weekend coming, and no sign that Americans are going to limit travel as summer kicks off, Chabarria said drivers can expect prices at or near record levels to continue for a while.

"That's going to be the theme for the near future and heading into the travel season that drivers can expect."

Gas in the metro New Orleans area today has an average price of $4.09 a gallon, up a couple pennies from yesterday, and up more than 12 cents from a week ago.