WASHINGTON, May 18, 2022—Three states are still holdouts for crossing the $4-per-gallon mark as the national average cost for regular gas steadily climbs.
Florida isn’t one of the three. Instead, Florida has the distinction of having the highest weekly rise in price across the nation at a 29-cents-per-gallon increase. New York and Illinois round out the top three.
California, Hawaii, Nevada and Washington have all exceeded $5 per gallon with California hovering near breaking the $6-per-gallon mark.
Only Georgia, Kansas and Oklahoma thus far have kept prices below $4. The national average for a gallon of gas is now $4.48.
The increase is primarily due to the high cost of crude oil, which is hovering near $110 a barrel, according to the American Automobile Association.
“The high cost of oil, the key ingredient in gasoline, is driving these high pump prices for consumers,” said Andrew Gross, AAA spokesperson. “Even the annual seasonal demand dip for gasoline during the lull between spring break and Memorial Day, which would normally help lower prices, is having no effect this year.”
Today’s national average for a gallon of gas is $4.48, 40 cents more than a month ago and $1.43 more than a year ago.
Meanwhile, the switch to the more expensive summer blend of gasoline—an annual event that is happening now—usually adds seven-to-ten cents per gallon, depending on the market. This switchover should be complete nationwide by early June.
Staff and AAA news release