InternationalInternational Economics

Unprecedented gasoline prices at US gas stations


The American Automobile Association (AAA) has announced that the price of US gasoline has reached an unprecedented daily level in the history of this country on a daily basis for the past two weeks.

According to the statistics, the average price of gasoline in the country reached a record $ 4,523 per gallon (3,785 liters) on Tuesday; The average price of gasoline in each US state is more than $ 4.

The average price of a gallon of gasoline in the state of California has reached more than $ 6 per barrel, which is the highest price in the United States.

Gasoline prices are up 31 cents this month, up $ 1.89 from last year.

Experts say the increase is largely due to rising oil prices as it affects more than half of the final price of gasoline.

“Rising oil prices, a key component of gasoline, have pushed up prices at gas stations for consumers,” Andrew Gross, a spokesman for the American Automobile Association, told CNBC.

“Even a reduction in the annual seasonal demand for gasoline between the spring break and Memorial Day, which could naturally help lower prices, did not work this year,” he added.

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