Published • loading... • Updated
6 states have gas prices over $5 a gallon as fuel costs continue to rise nationwide
AAA says California averages $6.11 a gallon as nationwide fuel costs rise and six states top $5.
- On Monday, California led the nation with average gas prices reaching $6.11, according to the American Automobile Association, as six states now report average fuel costs exceeding $5 per gallon.
- Global energy markets tightened after Iran effectively closed the Strait of Hormuz, a critical shipping chokepoint for roughly a fifth of the world's oil, driving steady price increases since late February.
- Petroleum analyst Patrick De Haan of GasBuddy noted that "refinery outages" intensified price spikes in the Midwest, while Georgia currently offers the lowest state average at $3.859.
- A Quinnipiac University survey found 65 percent of voters say they blame President Donald Trump "somewhat" or a lot for rising costs, while persistent inflation complicates Federal Reserve decisions regarding interest rate cuts this year.
- Energy Secretary Chris Wright warned that average gas prices may not return to $3 per gallon until 2027, as several states rapidly approaching the $5 threshold signal price pressures could soon spread further.
Insights by Ground AI
Podcasts & Opinions
12 Articles
12 Articles
abc10 Sacramento+10 Reposted by 10 other sources
6 states have gas prices over $5 a gallon as fuel costs continue to rise nationwide
Six states have average gas prices above $5 per gallon as national prices rise. (AP photo)
·Sacramento, United States
Read Full ArticleCoverage Details
Total News Sources12
Leaning Left0Leaning Right0Center12Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
