American households face financial strain as gas prices rise

BAKERSFIELD, Calif. (KBAK/KBFX) — Drivers are continuing to feel pain at the pump as gas prices spike across the nation.

The average price for a gallon of gas in the U.S. climbed to more than four dollars this week, with some states seeing prices even higher prices.

Here in California, the average is just over 6 dollars according to GasBuddy. Bakersfield is seeing prices around $5.96 a gallon.

Experts say the conflict in Iran is driving up energy costs while inflation continues to put a major strain on household budgets.

As gas prices rise so will the cost of everyday goods and services.

Banga Ajilore, Chief Economist for the Center on Budget and Policy Priorities, joined ARC Bakersfield to break down why consumers are seeing such high prices.