The nationwide average price for a gallon of gasoline has topped $5 for the first time ever
. Auto club AAA said the average price on Saturday, June 11, was $5.00. Motorists in some parts of the country, especially California, are paying far above that.Auto club AAA said the average price on Saturday was $5.00. Motorists in some parts of the country, especially California, are paying far above that.
The national average price has jumped 19 cents in just the past week, and it's up $1.93 from this time last year.Americans typically drive more starting around Memorial Day, so demand is up. Global oil prices are rising, compounded by sanctions against Russia, a leading oil producer, because of its war against Ukraine. And there are limits on refining capacity in the United States because some refineries shut down during the pandemic.
While this is the first time breaking the $5 barrier, it's still not a record when inflation is taken into account. Gas peaked at $4.11 a gallon in July 2008, which would be equal to about $5.40 a gallon today. Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Gas prices hit new high in U.S., approaching $5 average, AAA saysGas prices are again rising across the country, with the American Automobile Association estimating the average price per gallon hit $4.97 as of Thursday.
Leer más »
$5 gas is here: AAA says nationwide average hits new highNEW YORK (AP) — The nationwide average price for a gallon of gasoline has topped $5 for the first time ever. Auto club AAA said the average price on Saturday was $5.00. Motorists in some parts of the country, especially California, are paying far above that.
Leer más »
GasBuddy: National average price of gas reaches $5How much did you spend the last time you filled your tank? ⛽️📈😲 California has the highest price of gas – the state average is $6.40. Details
Leer más »
Average price of gas closes in on $5 a gallon in US for first time everThe average price that Americans pay for gasoline is closing in on $5 a gallon for the first time ever as fears of short supplies are being compounded by demand.
Leer más »
U.S. gasoline average price tops $5 per gallon in historic firstThe national average price for U.S. gasoline rose above $5 a gallon for the first time on Saturday, according to data from the AAA, extending a surge in fuel costs that are a central feature of rising inflation overall.
Leer más »