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.

The Starobelsk Dormitory Bombing Reflects Horribly On Ukraine & Its Western Patrons

Three waves of Ukrainian drones struck a dormitory in Starobelsk last week in an attack that killed nearly two dozen students.

The cost of doing nothing

Tax dollars must not be used to advance an ideology that encourages children to reject their own bodies and embark on a lifetime of medicalization.

The Last Hurrah Of The Rino Establishment

RINO Senators and GOP elites see MAGA as the enemy, not Democrats, using the 2026 battles to reclaim Republican Party control in 2028.

Debt remembered and debt ignored

Memorial Day compels Americans to confront a word we avoid: debt— the kind carved into headstones at Arlington and cemeteries across the country.

When Coincidence Ceases to Persuade

Democratic leaders, media, celebrities, and elites contributed to a climate where political violence against one side of America feels increasingly justified.

US Military Needs 3 Years to Replenish Weapons Systems Used in Iran War, New Analysis Shows

The Iran war and continued aid to Ukraine have depleted U.S. weapons inventories that could take three or more years to replenish, according to CSIS.

Trump Rules Out Iran Sanctions Relief as He Advances Peace Talks

President Trump downplayed talk of immediate sanctions relief on Iran amid ongoing negotiations to secure a lasting peace agreement with Tehran.

Maryland Governor Signs Bill Banning Many Handguns, Triggering Lawsuit

Maryland’s governor on May 26 signed legislation that bans selling, buying, and receiving many handguns, prompting groups such as the NRA to sue.

Mullin Says DHS Drawing Up Plans to Stop Processing Immigration at Sanctuary City Airports

DHS is “drawing up plans” to halt customs and immigration processing at airports in sanctuary cities that do not cooperate with federal immigration efforts.

Trump Suggests Vance’s Anti-Fraud Efforts Could Save Social Security

The president made the comment at a Cabinet meeting...

Trump’s Triumphal Arch Approved by Federal Commission

A commission has approved President Donald Trump’s triumphal arch just outside of Washington, a key step toward making the project a reality.

Trump Details Military Complex Above and Below New White House Ballroom

Trump says planned White House ballroom will be the “safest building ever built,” serving ceremonial and national security purposes.

Senate Confirms 49 Trump Nominees, Including Key Energy Officials

The Senate has confirmed 49 nominees selected by President Trump, including officials tapped to oversee federal land management and energy policy.
spot_img

Related Articles

Popular Categories

MAGA Business Central