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.

โ€œThat 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,โ€ 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.

โ€œAs the price of crude oil goes up, it will at pump as well,โ€ Gross said. โ€œCrude oil has gone up 24 days in a row.โ€

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, Californiaโ€™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.

Byย 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.

Ukraineโ€™s Corruption Scandal Might Pave The Way For Peace If It Takes Yermak Down

โ€œThis weekโ€™s events prompt re-evaluation as ruling party members demand the resignation of Chief of Staff Andrey Yermak, alleging he knew about the racket.โ€

โ€˜Why Do You Hate Psychiatry?โ€™

โ€œWhy do you hate psychiatry?โ€ read the subject line, a reference to my many writings littering the internet deriding the profession and its apologists, like this gentleman.

Tucker Carlson Exposes Trump Assassination Oddities

The FBI told us Thomas Crooks tried to kill Trump last summer but somehow had no online footprint. We have his posts. Why did the FBI lie?

Trump’s Outreach to Mamdani Could Benefit New Yorkโ€”If Done Rightย 

Trump meeting with NY Mayor-elect Mamdani could shape U.S. politics, offering potential benefits if both leaders act pragmatically over ideology.

Polandโ€™s Railroad Sabotage Incident Is Highly Suspicious

Polandโ€™s railroad sabotage incident might therefore be a false flag for achieving other goals, particularly the worsening of Russian-US tensions.

RFK Jr. Ally Joins Health Department as Senior Adviser

Calley Means, an entrepreneur and author, is now a senior adviser with HHS, a spokesperson for the department said in an email on Nov. 19.

Larry Summers Resigns From OpenAIโ€™s Board Following Release of Epstein Emails

Former Harvard President Larry Summers resigns from OpenAIโ€™s board after emails emerge detailing his past communications with Jeffrey Epstein.

US Brings New Charges, Raises Bounty on Accused Drug Trafficker Ryan Wedding

DOJ announced new charges against Ryan James Wedding who was indicted in 2024 for allegedly running a drug trafficking network.

DOJ Says Full Grand Jury Never Saw Final Comey Indictment

DOJ said the full grand jury never saw the final indictment against ex-FBI Director Comey, a flaw his lawyer says is fatal to the prosecution.

Saudi Crown Prince Pledges $1 Trillion Investment in US During Meeting With Trump

Saudi Crown Prince Mohammed bin Salman told President Trump he plans to expand U.S.โ€“Saudi investment ties from $600 billion to $1 trillion.

Trump Says He’ll Only Back Direct Health Care Payment Legislation

Trump said heโ€™ll only back legislation that gives direct health care payments to Americans as Congress debates extending expiring insurance subsidies.

Pentagon Announces 6 Critical Areas for Research and Development

The Pentagon announced it would designate six โ€œCritical Technology Areasโ€ to focus government funding for research and innovation in military technology.

What to Expect From Trumpโ€™s Meeting With Saudi Arabiaโ€™s Crown Prince

The Saudi princeโ€™s visit comes as Trump seeks to broker improved relations between Israel and its neighbors.
spot_img

Related Articles