Economic news

Only Three US States Have Pump Prices Below $4 a Gallon

2022.05.13 19:11

Only Three US States Have Pump Prices Below $4 a Gallon
Only Three US States Have Pump Prices Below $4 a Gallon

(Bloomberg) — The average retail price of unleaded gasoline in the US has climbed for 19 straight days, extending a record rally to $4.432 a gallon, according to the latest data from auto club AAA. Only three states are still enjoying pump prices below $4: Georgia, Kansas and Oklahoma. California continues to have the most expensive gasoline at a whopping average of $5.872 a gallon. The soaring costs may not end anytime soon as Nymex futures, which normally set the tone for retail, jumped to the highest on record Friday as well.

©2022 Bloomberg L.P.

 

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