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The average state price was $3.28 as of Wednesday, according to travel club AAA. It was $3.40 last month and $3.70 a year ago. It’s a far cry from the state's highest recorded price of $5.05 a ...
GasBuddy is a technology company headquartered in Dallas that offers mobile applications and websites for tracking crowd-sourced locations and prices of gas stations and convenience stores in the United States and Canada. Their platforms offer information sourced from users, gas station operators, and partner companies.
More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.
In June 2021, the national average price for a gallon of gas was $3.09, according to data from AAA, but as of June 2022, it had topped $5. That marks a gain of over 60% in a single year.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
Most states do not mandate certain standard gasoline grade octane ratings.In the United States and Canada, octane ratings are in AKI, commonly shown as "(R+M)/2".All states require gas pumps to be labeled with the correct octane level and nearly all states do regular testing to make sure gas stations are in compliance.
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 ...
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