Mon. Jun 5th, 2023

Gas prices have increased to their highest levels since 2014.

According to GasBuddy, the national average price of gasoline has risen to $3.42 a gallon across the United States.

Since 2014, gas prices have not been this high.

Winter weather and geopolitical tensions, according to the AAA, are contributing to increasing oil prices. There is also concern that Russia will withhold crude oil from the global market in response to impending western sanctions.

“This demonstrates how events occurring on the other side of the world can have a significant influence right here in the United States,” said Andrew Gross, a spokesperson for the American Automobile Association. “Unfortunately for drivers, increased gas prices serve as a constant reminder of this.”

Fuel prices are currently 12.3 cents more than a month ago and 97.5 cents higher than a year ago, according to GasBuddy.

According to AAA, the most costly states for gasoline are California, Hawaii, Washington, Oregon, Nevada, Alaska, and Arizona.

By admin

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