Gas Prices Spike After OPEC+ Meeting Is Called Off

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Gas Prices Spike After OPEC+ Meeting Is Called Off
The Organization of the Petroleum Exporting Countries abandoned plans to meet after failing to come to an agreement on increasing oil production.
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Expect to pay even more at the gas pump. Oil prices have climbed dramatically after a meeting with OPEC+ was canceled yesterday.

That means there is no agreement on increasing production to meet the high demand of oil.

No new meeting date has been scheduled.

The average price of a gallon of gas is up nearly a dollar from a year ago.