Gas prices are nearing their highest levels this year after the national average rose another $0.03 overnight.
The nationwide average price is currently sitting at $4.46 per gallon. California, Washington, and Hawaii currently hold the record for the states with the highest gas prices in the United States.
In areas like California, the average price is $6.14 per gallon while Washington’s is $5.56. And in Hawaii, gas prices average around $5.52 per gallon.
Friday’s price sits just 10 cents below the highest-level hit earlier this year, on May 21, when the national average was $4.56 per gallon.
They’re also not that far out from their all-time highest level of $5.01, which was reached in June 2022, after Russia invaded Ukraine.
But six states currently have an average gas price of over $5, with California gas prices being the highest in the country.
Other states with high gas prices include Michigan, Utah, and Illinois.
When Will Gas Prices Go Down?
Gas Prices are nearing their all-time high. Americans grow frustrated as prices soar. Trump says prices will go down after midterms.
“Right after the election, oil prices are going to be tumbling downward,” President Donald Trump said September 9.
Why are gas prices so high?
Gas prices overall have risen 50% nationwide since the U.S. and Israel attached Iran on February 28.
The price of diesel has also risen, hitting new all-time highs since it’s $6 per gallon on September 11.
As of Friday, the national average price of diesel was $6.44 after it rose 5 cents overnight.
The National Library of Medicine reports that approximately 18,000 new spinal cord injuries are reported every year. Males, with an average age at injury of…
In the complex world of finance, hedge funds have long been viewed as exclusive investment vehicles for the wealthy. However, recent scrutiny as reported by…
The SEC aims to protect retail investors under new leadership. Learn about the supportive strategies being implemented to navigate the financial markets.
