GAS PRICES REMAIN HIGH AMID INFLATION

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Key Points:

  • Gas prices across the country continue to increase.
  • Overall, the price of a gallon of regular gas has increased from $2.40 one year ago to $3.33 today.
  • Inflation has severely impacted energy costs, which are up 29.3% in 2021 alone, led by gasoline which increased by 49.6% in 2021.
  • California has the highest price at $4.65, followed by Hawaii at $4.34.
  • Mississippi and Kentucky have the lowest price at $2.98 followed by Arkansas and Texas $2.99.
  • California is more than $0.54 above the all-time U.S. average record of $4.11 from July 2008.
  • The Right Facts will continue to monitor gas prices across the country.
Source