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.

TDS in American Nurses

Is stage four Trump Derangement Syndrome being seen in liberal nurses like Alex Pretti, Lexi Lawler, and Malinda Cook?

Dem’s Fighting Words!

Politicians can be some of the most two-faced creatures...

The Rocks and the Sea

The inexorable action of the tide works relentlessly against...

FBI Raids Fulton County Election Center

Last month we wrote about the findings of a...

James O’Keefe Infiltrates Anti-ICE Protest!

A new video was dropped by hidden camera journalist...

Gov. Walz, Minnesota AG Will Give Sworn Testimony About Fraud to Oversight Committee

Two top Minnesota officials, Walz and Ellison, have confirmed they will testify publicly about their state’s alleged fraud scandals next month.

Hochul Proposes Ban on Local Police Agreements With ICE Under 287(g) Program

Hochul proposed the Local Cops, Local Crimes Act to void New York’s 287(g) agreements and bar local jails and police from aiding civil immigration enforcement.

Judge Rules Out Death Penalty in Federal Case Against Luigi Mangione

A federal judge ruled that prosecutors may not seek the death penalty against Mangione, accused of killing UnitedHealthcare CEO Brian Thompson.

DOJ Releasing 3 Million Pages, Hundreds of Thousands of Photos of Epstein Files: Deputy AG

DOJ is releasing 3 million pages, 180,000 images, and 2,000 videos related to late convicted sex offender and accused sex trafficker Jeffrey Epstein.

What to Know About Kevin Warsh, Trump’s Nominee for Fed Chair

President Donald Trump selected former Federal Reserve Governor Kevin Warsh as the next head of the U.S. central bank.

Trump Nominates Colin McDonald as Head of New Fraud Division at Justice Department

President Trump announced Colin McDonald as head for the new national fraud enforcement division of the DOJ in a post on Truth Social.

Trump Touts Upcoming Launch of ‘Trump Accounts’

The Treasury Dept. will host a summit marking the launch of Trump Accounts, new child savings accounts created by the One Big Beautiful Bill Act.

Trump Signals Flexibility on South Korea Tariffs

President Trump said the U.S. will negotiate a solution with South Korea after announcing higher tariffs on the ally’s exports a day earlier.
spot_img

Related Articles