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May 21, 2022

Gas Prices Hit $4 in Every State for First Time

By T. Thompson In Finance, Latest News with Comments Off on Gas Prices Hit $4 in Every State for First Time

Gas prices crossed the $4 mark in every state for the first time ever.

According to AAA, the last three states with an average gas price of under $4 per gallon —Oklahoma, Georgia, and Kansas — crossed the threshold this week.

“The high cost of oil, the key ingredient in gasoline, is driving these high pump prices for consumers,” AAA spokesperson Andrew Gross said.

“Even the annual seasonal demand dip for gasoline during the lull between spring break and Memorial Day, which would normally help lower prices, is having no effect this year.”

AAA said that while the demand for gas has slightly dropped, it has failed to lower gas prices due to the ongoing erratic costs of crude oil.


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Gas prices cross $4 in every state for first time

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