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National average price of gas reaches $5, according to AAA and GasBuddy

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Gas price watchers now agree that the average price of a gallon of gas in the U.S. has reached a major milestone; $5.

GasBuddy first made the announcement about the record-setting mark on Thursday morning. As of Saturday, AAA reports the same.

According to AAA, the average price of gas in Virginia is $4.83 with North Carolina's average not too far behind at $4.66.

2022 has already been a record-breaking year in terms of gas prices.

According to GasBuddy data, the national average price of gas broke the $4 per gallon threshold on March 5.

Two days later, the national average broke another record and reached $4.10 per gallon.

Another record was set in late April when diesel prices reached $5.16 per gallon.

Petroleum analysis expert at GasBuddy, Patrick De Haan warns that prices could worsen throughout the summer if refineries face unexpected issues, including major hurricanes.

For tips on how you can save gas and what gas saving myths are actually true, click here.