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Gas Prices Surge to Five-Month High; Motorists Projected to Pay $78 Billion in Gas Taxes This Year

Gas Prices Surge to Five-Month High; Motorists Projected to Pay $78 Billion in Gas Taxes This Year
A gas pump is seen situated while pumping gas at a Shell gas station in Houston, Texas, on April 1, 2022. Brandon Bell/Getty Images
Andrew Moran
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The national average for a gallon of regular-grade gasoline rose to $3.686 on April 20, the highest level since November 2022, according to the latest data from the American Automobile Association (AAA).

Since March 29, the national average has risen daily. While gas prices are close to 42 cents lower than they were a year ago, they’ve surged 24 cents over the past month amid higher crude oil prices.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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