US gas prices soaring

The gasoline price in the United States hit three dollars a gallon for the first time in seven years.

The US Energy Information Administration says the average national gasoline price was three dollars and two cents a gallon on May 24. That`s more than a dollar higher than a year before. It is the first time since 2014 that the average price topped three dollars.

Higher prices are largely attributable to a suspension of operations of a pipeline due to a cyberattack early this month and a shortage of truck drivers.

Economic activity in the states is recovering as more people are getting vaccinated. The US Centers for Disease Control and Prevention says half of the country's population has received at least one dose of a coronavirus vaccine. A large number of people in the states are traveling over this three-day Memorial Day weekend.