Gas Inflation Kicks Drivers in the Pocket Book

5Mind. The Meme Platform
The Epoch Times Header

Gas prices are the highest they have been in seven years, and they are going to keep on climbing through winter.

Across the entire United States, the current average price for a gallon of gas is $3.37. The last time it averaged $3.37 a gallon was Sept. 17, 2014, according to records kept by AAA.

The lowest average for gas since that time was $1.76 a gallon on April 29, 2020.

“That was in the depths of the pandemic when everyone was staying home. Demand was low globally too, and since then it has crept up, a penny here and a penny there,” Andrew Gross AAA spokesman told The Epoch Times in a phone interview.

It goes to show how much demand affects prices. Other factors include the federal gas tax, 18.4 cents per gallon; and state gas tax, which is highest in Pennsylvania at 58 cents per gallon and lowest in Alaska at 8 cents per gallon.

The cost of crude oil drives 50 percent to 60 percent of the cost per gallon.

“As the price of crude oil goes up, it will at pump as well,” Gross said. “Crude oil has gone up 24 days in a row.”

While the average price per gallon Friday was $3.37 nationwide, the prices vary widely. Gas is $2.96 a gallon in Brooks County Texas, very close to the refineries. But that is a lot compared to a year ago when the average cost per gallon in Texas was $1.86.

The highest in the country is in Mono County California where drivers are paying $5.30 a gallon. Mono County is very far from refineries, Gross said. A year ago, California’s average was $3.19 per gallon.

Based on a vehicle with a 16-gallon tank, last year in California it cost $51.04 to fill that tank. Now it costs $84.80. That is $33.76 per tank more this year.

By Beth Brelje

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:09:03

Two birthdays apart

The Bicentennial was not just a commemoration of 200 years of independence – it was a coast‑to‑coast block party of red, white and blue.
00:02:31

Is Charlie Kirk’s Assassination Looking More Like a Conspiracy?

Enough videos have been posted to the internet, plenty...

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.
00:01:00

Judge Orders Trump to Pay $5.8 Million to Carroll in Sexual Abuse and Defamation Case

A federal judge ruled E. Jean Carroll may collect the $5.8 million held in escrow after a jury found President Donald Trump liable for abuse and defamation.

FBI Offers $50,000 Reward for Suspect in Violent Acts Across US

They include assassinations of political and religious figures, shootings,...
00:03:30

Former Wisconsin Judge Spared Prison Time For Obstructing Arrest of Illegal Immigrant

Former Wisconsin Judge Hannah Dugan was spared prison time after attempting to help an illegal immigrant evade deportation.

Hackers Using Prominent Company Brands for Fake Job Interviews to Steal Google Accounts

Scammers posing as recruiters from major companies lure job seekers to fake openings designed to steal Google account credentials.

Trump Warns of Global Spread of Communism at NATO Summit

President Trump reiterated his warnings about communism during the NATO summit in Ankara on July 8, saying he believes it’s taking root in the US and around the world.

Trump Arrives in Ankara to Meet With NATO Allies

It marks the first visit to Turkey by a...
00:01:40

President Launches Trump Accounts for Children With Historic Opening of NYSE, NASDAQ

President Trump rang a bell to open the New York Stock Exchange and NASDAQ during an Oval Office ceremony to launch accounts for children across the nation.

Trump Shares New US Passport Design on Truth Social

The mockup shows limited-edition passports planned for a July...
spot_img

Related Articles

Popular Categories

MAGA Business Central