Gas Prices Hit All-Time Record as a Dozen States Reach $5 per Gallon

By Jack Phillips
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter at The Epoch Times based in New York.
June 7, 2022 Updated: June 7, 2022

The nationwide price of gas on Tuesday soared to a tenth daily consecutive record high of $4.91 per gallon on average as AAA data suggests that 13 states have hit $5 per gallon or more.

According to data posted by the automotive group AAA, the average price has risen to $4.919 per gallon of regular gasoline as of Tuesday afternoon. The price stood at $4.86 per gallon on Monday, meaning prices rose about 5 cents overnight.

AAA noted that as of Monday, the national average for gas is up 59 cents from about a month ago, and it’s $1.81 more than a year ago.

Analysts said, however, that there appears to be no end in sight to the price increase.

“After a blistering week of gas prices jumping in nearly every town, city, state, and area possible, more bad news is on the horizon. It now appears not if, but when, we’ll hit that psychologically critical $5 national average,” said Patrick De Haan, head of petroleum analysis at GasBuddy, in a statement this week.

He added: “Gasoline inventories continue to decline even with demand softening due to high prices, a culmination of less refining capacity than we had prior to COVID and strong consumption, a situation that doesn’t look to improve drastically anytime soon.”

Outside the dozen or more states with $5 gas, more states are likely to join the fray in the coming days and weeks. The state with the highest average gas price is California at $6.37 per gallon, while Nevada is second at $5.52 per gallon, according to AAA’s Tuesday data.

Notably, a gas station in Mendocino, located in Northern California, is charging some $9.60 for a gallon of gas, although it appears to be an outlier. Another station in Los Angeles topped $8 in recent days, according to reports.

“In addition,” De Haan added, “diesel prices also stand at a record high, a second gut-punch to consumers which pushes prices of most goods higher.”

But despite the elevated cost, Americans “are still fueling up, despite these high prices,” Andrew Gross, an AAA spokesperson. “At some point, drivers may change their daily driving habits or lifestyle due to these high prices, but we are not there yet.”

Republicans have said Biden’s executive orders—including a flurry of rules that were issued in January 2021—have driven up the public and private costs of oil drilling in the United States, halting drilling on public lands, and canceling the Keystone XL pipeline, which would have brought crude oil from Alberta, Canada, to the interior U.S.

Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter at The Epoch Times based in New York.