Food costs will be affected by increasing gas prices

Regardless of whether it’s only a few pennies, you are paying more at the pump than only few weeks ago.

After OPEC+ and its allies announced that they would reduce production by more than 1.6 million barrels per day beginning in May and continuing through the end of the year, oil prices rose abruptly on Monday.

On Monday, the average price of a gallon of gas across the nation was $3.51. It is currently $3.60.

The current average price of a gallon of gas in Washington is $4.38, an increase of $0.14 from a month ago.

You can also get better gas mileage by packing less into your car and making it lighter. Sadly, this could also increase your grocery bill because food prices may continue to rise. The cost of shipping goods is influenced by gas prices.

Food costs are expected to rise by 7.5 percent this year, according to the most recent USDA report—a smaller increase than in 2022 but still above historical average rates.

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