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U.S. Pump Prices Rise Again After Brief Relief

Average retail gasoline prices on Thursday hit the highest level since Dec. 19.

A customer refuels a car at a gas station in San Francisco.

A customer refuels a car at a gas station in San Francisco.

Photographer: David Paul Morris/Bloomberg

U.S. retail gasoline prices are creeping back up for the first time in about two months amid gains in crude oil and still-strong demand from consumers. 

National average retail gasoline prices hit $3.303 per gallon on Thursday, the highest since Dec. 19, according to auto club AAA. This week marks the first sustained uptick since early November, when prices hit seven-year highs and prompted the Biden administration to take a series of measures to lower prices, including a release of crude from the Strategic Petroleum Reserve.