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Nationally, the price of a gallon of gasoline rose by 4 cents on Tuesday, the largest single-day increase in a year. In Florida, the price jumped by 8 cents in a single day.
The average price of gasoline exceeded $5 a gallon for the first time ever last June—California has seen it surpass $6—as global oil shocks reverberated from Russia’s invasion of Ukraine.
At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are paying $0.07 more this year than last ...
That's according to AAA New Mexico Weekend Gas Watch, which said the average price for a gallon of gas in the Santa Fe area increased 12 cents to $3.24. Statewide, the average jumped 2 cents to $3.24.
Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15] On the supply side, OPEC (or the Organization of the Petroleum Exporting Countries) has a great deal to do with the price of gasoline, both in the United States and around the world. The speculation of oil commodities can also ...
Drivers can expect to pay higher prices at the pump in the coming weeks due to tighter gasoline supplies and a more expensive summer blend.. On Wednesday, the average price of gas in the US inched ...
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The most expensive gas in the country is in California at $5.288 a gallon, followed by Hawaii ($4.695), Nevada ($4.526) and Oregon ($4.466), according to AAA. U.S. gasoline prices soar to highest ...