Gasoline prices top $5 a gallon nationally for the first time and are likely headed higher
KEY POINTS
- Gasoline prices hit a national average of $5 per gallon on Saturday and are set to move higher.
- The jump in gasoline prices means households are spending about $160 more per month on fuel than they were a year ago.
![A sign reflects the price per gallon of fuel at a gas station on March 10, 2022 in Miami, Florida.](https://image.cnbcfm.com/api/v1/image/107028790-1646954879265-gettyimages-1383994259-dsc09024_eb7635ee-cbee-4a7b-a0ad-480957d191a0.jpeg?v=1646954945&w=929&h=523&ffmt=webp)