Gas prices rise for a fifth day to $3.417 per gallon after hikes in Federal Reserve interest rates

The average price for a gallon of gas in the US has risen for a fifth day in a row after interest rates set by the Federal Reserve increased to 3.25 percent amid fears of a global recession.

On Sunday, the price of a gallon of gas was benchmarked at $3.714 a gallon, the AAA reported.

Oil prices have only gone up since Wednesday morning, when the price per gallon dramatically increased to $3.681 per gallon from $3.674 a day earlier.

A 99-day run of falling gasoline prices — a streak that gave…

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Written by Bourbiza Mohamed

I have 26 years of experience as a professional writer and editor and have been working as a full time freelancer since 2011. I am originally from Casablanca, Morocco, and I graduated from Qatar University with a degree in journalism. I have worked for newspapers, magazines, news agencies, websites. I speak fluent Arabic, French, English, Russian and Spanish.

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