Gas Prices Surpass $3.50 A Gallon For First Time Since October

  • 📰 Forbes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

I am a Washington D.C. based reporter. My previous work includes USA Today, E&E News, the Baltimore Sun, NBC News and Maryland Matters. I am a graduate of Saint Joseph's University with a degree in political science. Email me at afaguy@forbes.com and follow me on Twitter @AnaFaguy.

The national average price for a gallon of regular gas surpassed $3.50 on Wednesday, the highest U.S. gas prices have been since the fall, an increase that’s at least partially attributable to attacks on Russian oil facilities.

California drivers are paying the highest prices at an average of $4.94 per gallon, drivers in Hawaii are not far behind—paying an average of $4.70—and drivers in Washington are paying an average of $4.35 per gallon, according to AAA. Eleven other states average over $3.50 per gallon, including Nevada , Oregon , Illinois , Alaska , Arizona , Michigan , Pennsylvania , Florida , Montana , Maryland and Indiana , according to AAA.

Gasoline stockpiles in the U.S. have come down to 230.8 million barrels in the week ending March 15, a decrease from 247 million barrels a month before, according to data from the Energy Information Administration.$3.42. That’s how much the average gallon of gas cost in the U.S. on March 20 of last year,Gas prices are on the rise in part because of an ongoing geo-political conflict.

Source: Education Headlines (educationheadlines.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gas prices march upward as spring looms and demand grows: AAAHigher oil prices and growing gas demand contributed to gas prices rising this week.
Source: FoxBusiness - 🏆 458. / 53 Read more »

SLO County gas prices rise above $5 a gallon, find the lowest pricesBy KAREN VELIE Amid increased demand and a decline in national oil reserves, the average price for a gallon of gas in San Luis Obispo County rose 17 cents
Source: californianewsn - 🏆 440. / 53 Read more »

Seattle area average energy prices: Gasoline, utility gas prices dip, electricity risesLooking at energy prices, gasoline in the Seattle area in February fell, while households pay more for electricity, federal numbers report.
Source: Mynorthwest - 🏆 438. / 53 Read more »

Oil prices rise after Saudi Arabia raises prices for crude to AsiaU.S. crude inventories rise less than expected
Source: MarketWatch - 🏆 3. / 97 Read more »

Women’s Soccer Surge: NWSL Ticket Prices Soar As Team Prices Hit 9 FiguresI am a Colorado based reporter covering breaking news with a special emphasis on the entertainment industry, pop culture and sports. I previously covered local news in the greater Boston area, and I graduated from Northeastern University in 2017.
Source: Forbes - 🏆 394. / 53 Read more »

Gas prices hit 4-month high: will it get worse?Gas prices have hit a four-month high amid a time when families are already dealing with the continuing pressures of inflation, which rose faster than expected in last month.
Source: FoxBusiness - 🏆 458. / 53 Read more »