Gas is expensive. There's no way to avoid that. However AAA has revealed that gas prices have set a new record as the average price of gasoline will surpass $3 per gallon Tuesday for the 1,000th consecutive day, which has never happened before.
The high-gas price streak began on Dec. 23, 2010 and likely won't go below $3 again. The national average for a gallon of regular is $3.52, according to AAA's daily price tracking service. AAA says that the over $3 price is likely here to stay unless another recession strikes, USA Today reports.
"Paying less than $3.00 per gallon for gasoline may be automotive history for most Americans, like using 8-track tapes or going to a drive-in movie," Bob Darbelnet, CEO of AAA said according to USA Today. "The reality is that expensive gas is here to stay."
Patrick DeHaan of the group-sourced gas price reporting site GasBuddy.com told USA Today that gas prices could moderate with the prospect of U.S. attack on Syria diminished, but don't get your hopes up that it will fall below $3 a gallon.
"The market took a chill pill and is reacting as I would expect to the prospect of a peaceful resolution," DeHaan said. "I could see the national average in the very low $3 (a gallon range) by the time we're talking about last minute Christmas shopping."
Although gas prices haven't hit below $3 for 1,000 days, the good news is that they haven't averaged $4 a gallon. There was a period of 189 days in which the prices were above $3.75 though.
Hurricane Katrina played a role in the $3-a-gallon hold as the huge storm damaged oil rigs along the Gulf Coast in 2005.
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