The 10 countries with the most expensive gasoline in the United States

(CNN Spanish) – A gallon of gasoline hit a record average of $5 for the first time this weekend in the United States. If you live in some western states like California, you actually have to pay a much higher price to fill up your car.

California is the state with the highest per gallon of regular gasoline as of Monday, June 13: $6.43, according to the American Automobile Association (AAA). It is the only state where a gallon of regular gasoline currently exceeds six dollars.

A gallon in California has already topped $5 a month a while ago, according to the organization’s data, allowing you to see the average in different counties at this link. The county with the highest retail price is Alpine, coming in at $7.77.

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Followed by Nevada, where a gallon is trading at $5.65. Illinois took third place, at $5.56, just a few cents lower than Nevada.

Generally, the most expensive prices are in the western states, while the most favorable ones are in the southeast.

Here is the list of the 10 states where gasoline is most expensive according to daily averages prepared by the organization (rounded figures):

  1. California: $6.43
  2. Nevada: $5.65
  3. Illinois: $5.56
  4. Washington: $5.54
  5. Oregon: $5.53
  6. Hawaii: $5.53
  7. Arizona: $5.31
  8. Washington (District of Columbia): $5.26
  9. Indiana: $5.22
  10. Michigan: $5.21

At the other end of the list are Georgia, Mississippi and Arkansas, the three states with the cheapest gasoline by far.

If you’re planning a trip, AAA has a calculator that lets you know how much you’ll be spending on gasoline, based on the car’s origin, destination, and model.

The sequential effect of the price of gasoline

Higher gasoline prices are affecting the cost to consumers of a wide range of goods and services that are rising at the fastest rate in 40 years, according to a government inflation report last Friday.

Inflation, in turn, pushed consumer confidence to a record low on Friday, according to a survey by the University of Michigan. Concerns about what the Federal Reserve will do to combat inflation have led US stocks to plummet in recent months, wiping out billions of household fortunes.

display problem

In addition to the strong demand for gasoline, there is also a supply problem that causes the prices of both oil and gasoline to rise. The Russian invasion of Ukraine and sanctions against Russia in the United States and Europe since then are a major factor, with Russia being among the world’s largest oil exporters. But it is only part of the reason.

Oil is a raw material that is traded in world markets. The United States has never imported large quantities of oil from Russia, but Europe has traditionally relied on Russian exports. The recent decision by the European Union to ban tanker shipments from Russia has pushed up oil prices globally.

A factor other than Russia’s withdrawal from the global market is limited supply. OPEC and its allies cut oil production as demand for oil fell in the early months of the pandemic, as most companies in the world closed and people stayed close to their homes.

US oil production and refining capacity has not fully recovered to pre-pandemic levels. Due to the high prices in Europe, some US and Canadian refineries that normally supply the US market with gas are exporting gasoline to Europe.

With information from Chris Isidore.

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