Current:Home > BackGas prices rising again: See the top 10 states where gas is cheapest and most expensive-DB Wealth Institute B2 Expert Reviews
Gas prices rising again: See the top 10 states where gas is cheapest and most expensive
View Date:2024-12-23 21:06:13
Gas prices are rising again.
The national average of a gallon of regular unleaded gas jumped 13 cents last week to $3.71, an eight-month high, according to AAA motor club.
"The primary cause appears to be the oil price, which has marched nearly $4 higher in the past few days to hover near $80 per barrel," the news release said. "As oil accounts for almost 50 percent of the cost of a gallon of gas, higher oil prices usually mean higher pump prices."
This summer's heat wave has also contributed to the rising pump prices, some experts say, as extreme heat prevents refineries from running at full capacity.
“If refineries in your region have lower or falling utilization rates, you’re more likely to see gas prices rise,” said Patrick De Haan, head of petroleum analysis of GasBuddy, a platform that helps people find cheap gas.
Nationwide, refinery utilization decreased by 0.9 percentage points from last week to 93.6%, De Haan said. Gasoline production fell to 9.5 million barrels per day, and distillate fuel production dropped to 4.8 million barrels per day last week.
“These percentages show how much of a region’s overall capacity was used to refine oil,” De Haan said. “It’s important to note these percentages because the lower the utilization percentage, the lower output, which has a direct impact on local gasoline prices.”
GAS PRICES UP:Sticker shock hits pump as heat wave, oil prices push cost to 8-month high
Here's where you can find the most expensive and cheapest gas by state, according to AAA:
States with most expensive gas
- California: $5.05 per gallon
- Washington: $4.99 per gallon
- Hawaii: $4.73 per gallon
- Oregon: $4.65 per gallon
- Alaska: $4.41 per gallon
- Nevada: $4.33 per gallon
- Utah: $4.11 per gallon
- Illinois: $4.06 per gallon
- Idaho: $4.00 per gallon
- Colorado: $3.97 per gallon
States with cheapest gas
- Mississippi: $3.33 per gallon
- Louisiana: $3.44 per gallon
- Alabama: $3.45 per gallon
- Kentucky: $3.46 per gallon
- Ohio: $3.46 per gallon
- Tennessee: $3.48 per gallon
- Texas: $3.49 per gallon
- Arkansas: $3.50 per gallon
- South Carolina: $3.54 per gallon
- Oklahoma: $3.58 per gallon
veryGood! (1)
Related
- Why Amanda Seyfried Traded Living in Hollywood for Life on a Farm in Upstate New York
- Editors' picks: Our best global photos of 2022 range from heart-rending to hopeful
- Rihanna's Latest Pregnancy Photos Proves She's a Total Savage
- Today’s Climate: September 22, 2010
- Tropical Storm Sara threatens to bring flash floods and mudslides to Central America
- Elon Musk Reveals New Twitter CEO: Meet Linda Yaccarino
- The White House Goes Solar. Why Now?
- FDA changes Plan B label to clarify 'morning-after' pill doesn't cause abortion
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Red Velvet, Please
- It's not too late to get a COVID booster — especially for older adults
Ranking
- 'Gladiator 2' review: Yes, we are entertained again by outrageous sequel
- Why Gratitude Is a Key Ingredient in Rachael Ray's Recipe for Rebuilding Her Homes
- Editors' picks: Our best global photos of 2022 range from heart-rending to hopeful
- When Protest Becomes Sacrament: Grady Sisters Heed a Higher Call
- High-scoring night in NBA: Giannis Antetokounmpo explodes for 59, Victor Wembanyama for 50
- Brothers Forever: The Making of Paul Walker and Vin Diesel's Fast Friendship
- What’s at Stake for the Climate in the 2016 Election? Everything.
- A major drugmaker plans to sell overdose-reversal nasal spray Narcan over the counter
Recommendation
-
Why Suits' Gabriel Macht Needed Time Away From Harvey Specter After Finale
-
A quadriplegic mother on raising twins: Having a disability is not the end of the world
-
Today’s Climate: August 28-29, 2010
-
Tips to keep you and your family safe from the tripledemic during the holidays
-
Kelly Rowland and Nelly Reunite for Iconic Performance of Dilemma 2 Decades Later
-
Vanderpump Rules Reunion Trailer Sees Ariana Madix & Cast Obliterate Tom Sandoval & Raquel Leviss
-
How one artist took on the Sacklers and shook their reputation in the art world
-
Joining Trend, NY Suspends Review of Oil Train Terminal Permit