By Tyler Durden

GasBuddy reports the national average for gasoline at the pump has hit $5 per gallon, setting a new record in the U.S., as fuel inflation shows no signs of abating amid severe bottlenecks in refining and robust demand as peak driving season is underway.

“BREAKING: According to GasBuddy, the national average has reached $5 per gallon,” Petroleum analysis expert at GasBuddy, Patrick De Haan tweeted Thursday morning.

BREAKING: According to GasBuddy, the national average has reached $5 per gallon.

— Patrick De Haan ⛽️