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Mar 29, 2024 · Gas prices have surged higher at the outset of 2024, stressing household budgets and complicating efforts to cool inflation.
- Max Zahn
Jun 13, 2022 · Between January 2021, when Biden took office, and May 2022, the consumer price index (CPI), which is the usual measure of the inflation rate, rose by 11.7 percent. So, if gasoline prices had simply kept pace with the CPI, they would now be 11.7 percent higher than in January 2021.
Oct 12, 2021 · Gas prices in America are averaging $3.27 per gallon of regular — over $1 more than a year ago, and the highest they've been since 2014. Prices at the pump are rising particularly steeply lately.
Nov 25, 2021 · Gas prices are the highest they've been in seven years. Demand is up, domestic supply was hit by a hurricane — and then there's overseas production.
- Andy Kiersz
- Henry Blodget
Dec 9, 2021 · Regular gas costs, on average, 58.7% more than it did a year ago this time – $3.491 a gallon last month, versus $2.20 in November 2020, according to the federal Energy Information Administration (EIA). But looking just at the recent rise can be misleading, or at least incomplete.
- Drew Desilver
Sep 1, 2023 · As of July 24, 2023, the average price per gallon of gasoline [1] nationwide increased by 1.2% [2] over the past week, according to EIA data. Average gas prices rose by 2.3% on the East Coast and by 3.4% along the Gulf Coast. The average price per gallon of gas declined in all other regions of the US.
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Jun 6, 2022 · Numerous factors are pushing prices up, with regular gasoline hitting a record $4.67 a gallon Wednesday according to AAA’s survey. Gas prices were already expected to breach the $4 a gallon...