Current:Home > InvestGas prices rising again: See the top 10 states where gas is cheapest and most expensive -FundGuru
Gas prices rising again: See the top 10 states where gas is cheapest and most expensive
View
Date:2025-04-12 01:55:38
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! (27286)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Walmart ends credit card partnership with Capital One: What to know
- Johnny Wactor, 'General Hospital' actor, shot and killed at 37: Reports
- Josef Newgarden wins Indy 500 for second straight year after epic duel: Full highlights
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Richard M. Sherman, prolific Disney songwriter, dies at 95
- The dreams of a 60-year-old beauty contestant come to an abrupt end in Argentina
- Rematch: Tesla Cybertruck vs. Porsche 911 drag race! (This time it’s not rigged)
- Trump wants to turn the clock on daylight saving time
- Ben Stiller and Christine Taylor's 22-Year-Old Daughter Ella Stiller Graduates From Juilliard
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Sophia Bush responds to Ashlyn Harris engagement rumors: 'The internet is being wild'
- See Brad Pitt and Angelina Jolie's Daughter Shiloh Grow Up During Rare Red Carpet Moments
- Cpl. Jessica Ellis died in Iraq helping others. Her father remembers his daughter and the ultimate sacrifices military women make on Memorial Day.
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Trump, accustomed to friendly crowds, confronts repeated booing during Libertarian convention speech
- Athletic Club's Iñaki Williams played with shard of glass in his foot for 2 years
- Aaron Judge continues to put on show for the ages, rewriting another page in record book
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
American arrested for bringing ammo to Turks and Caicos released, others await sentencing
Stock market today: Asian shares mostly higher after rebound on Wall St
No one wants hand, foot, and mouth disease. Here's how long you're contagious if you get it.
What do we know about the mysterious drones reported flying over New Jersey?
World War II veterans speak to the ages
The Other Border Dispute Is Over an 80-Year-Old Water Treaty
Colorado man and 34 cows struck and killed by lightning in Jackson County