Gas stations in Washington state reprogrammed pumps in preparation for $10-a-gallon prices, as station owners anticipate running out of gas.
A spokesperson for the "76" gas station chain confirmed that its stations are reprogramming the pumps for $10-a-gallon gasoline as gas pumps run dry in the state. Only the well-off will be able to afford to fill up their cars.
Some Gas station owners in the state have already run out of gas this week.
"Everything is pointing toward even higher prices. We are well on our way toward $5," said Andy Lipow, president of Lipow Oil Associates. Lipow told CNN that prices will rise higher by Memorial Day weekend.
The national average price of gasoline reached $4.57 on Wednesday. Some states in California are reporting prices of $5.98 on Wednesday, as the war rages on in Ukraine.
The average price of gas a year ago was $3.04-a-gallon, and $2.41 during Donald Trump's final month in office.
Last weekend, the Biden administration reportedly cancelled a 1-million acre oil lease in Alaska.