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.

Fulton County’s 315,000 Invalid Ballots of 2020

In Fulton County, GA, during the 2020 General Election, some 315,000 ballots were cast and counted void of any proper signatures as required by Georgia law.

Power, wealth, and surrogacy: Biology’s international fault lines

“Life’s integrity, dignity, and mystery are gifts from God. When society forgets this truth, its foundation weakens and the burden of collapse touches all.”

THE EXCEPTION IS NOT THE RULE: How Fringe Voices Became the Nation’s Moral Compass

In America, the exception has seized control of the rule, and the majority has been bullied into silence by a very loud, and sometimes obnoxious, minority.

Drug Boat Drama

“After years of leniency toward violent drug cartels, the Trump administration unleashed U.S. military power to combat the death and addiction they spread.”

Kazakhstan Might Have Just Placed Itself On An Irreversible Collision Course With Russia

First Deputy Chair of the Duma Defense Committee Alexei Zhuravlev condemn Kazakhstan switch to NATO standards to abandon the Russian military-industrial complex.

Nicki Minaj Makes Surprise Appearance With Erika Kirk at AmericaFest

Rapper Nicki Minaj made a surprise appearance during AmericaFest, Turning Point USA’s annual convention, in Phoenix on Dec. 21.

At TPUSA Event, Vance Warns Conservatives Not to Cancel Each Other

In the final minutes of AmericaFest, VP Vance called for something short of a truce: He urged conservatives not to try to expel each other from conservatism.

DOJ Says It Re-released 119 Pages of Epstein Files That Were Redacted

DOJ on Sunday re-released with “minimal redactions” 119 pages of grand jury materials in the 2021 case against Jeffrey Epstein accomplice Ghislaine Maxwell.

Afghans Who Worked With US Forces Grapple With New Scrutiny in Wake of DC Shooting

The suspect in the Nov. 26 shooting worked for U.S. interests in Afghanistan, like many who have relocated to the United States to escape Taliban reprisals.

White House Warns It Might Withhold Smithsonian Funds Pending Content Review

The White House warned the Smithsonian it could lose funding if it fails to provide additional documentation for an administration review.

Trump Announces $1.3 Billion in Sales of ‘Gold Card’ Visas Since Dec. 10

Trump said his administration sold over $1.3B in “Trump Gold Cards,” an immigration program offering fast residency to skilled foreign talent.

Trump Plans to Discuss Potential Price Cuts With Health Insurers

President Trump said he will meet with health insurers to push for price cuts, aiming to lower health care costs for consumers across the U.S. today.

Trump Unveils Deals With 9 Pharma Companies to Reduce Drug Prices

The president’s most-favored-nation pricing initiative now has 14 of...
spot_img

Related Articles

Popular Categories

MAGA Business Central