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Apr 15, 2024 · Gas prices are averaging close to $5.46 a gallon in California and at or topping four bucks a gallon in six states, including Alaska, Arizona, Hawaii, Nevada, Oregon and Washington, according to ...
Nov 25, 2021 · Gas prices in the US have hit a seven-year high. Demand has increased as the economy reopened and Americans have begun driving more. Meanwhile, supply has been constrained because of lower US ...
- Andy Kiersz
- Henry Blodget
Apr 8, 2024 · Gas prices in the U.S. surged this week to a six-month high, with drivers paying roughly $3.60 per gallon at the pump, as high oil prices, refinery maintenance and international turbulence in the ...
- Brian Bushard
Jun 13, 2022 · The Oil Market. But the major cause of gasoline price increases, as the earlier data show, has not been inflation. The other causes are specific to the oil and gasoline markets. Start with oil. The biggest factor in the increase in gasoline prices since January 2021 is the increase in the price of oil.
Aug 18, 2023 · Americans face more sticker shock at the pump as gas prices hit 10-month high. Here's why. Gas prices have been climbing again, hitting the highest level since October 2022, according to motor ...
Mar 9, 2022 · New York CNN Business —. Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But it’s not the only reason. Numerous factors are combining to ...
Jun 17, 2022 · Gas prices, which have increased almost 50 percent over the past six months, are not yet at a record inflation-adjusted high, though they may still get there. JPMorgan analyst Natasha Kaneva said ...
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