Gas

Even More Record Breaking Highs Have Become a Reality For…

As gas costs throughout the United States continue to rise to record levels, citizens in 10 states and Washington, D.C. are now seeing the cost for regular gas surpass $5 per gallon. In California, Hawaii, Nevada, Oregon, Illinois, Washington, Alaska, Arizona, Michigan, Indiana, and the District of Columbia, routine gas costs vary from $5.04– $6.34 per gallon, according to AAA.

Almost 10 more states, consisting of Idaho, Pennsylvania, Maine, New Jersey, and Vermont, have per gallon rates over $4.89.

For premium gas, all but 4 states have rates going beyond $5. For diesel, the most affordable cost across the country is $5.128 per gallon.

The highest-priced gasoline station in the nation is a Chevron station in Mendocino, a little seaside neighborhood in northern California, which is charging $9.60 per gallon for regular.

In the midst of relentless, traditionally high rates for fuel, accusations of rate gouging have actually flowed. The U.S. House of Representatives passed a bill aimed at suppressing supposed gas cost gouging. Many of the factors for the cost increases are related to static costs and market pressure.

Judy Schlafer, the station’s owner, told SFGate her last shipment of 8,880 gallons of gas costs approximately $50,000 and is required to be sold within 10 days. She stated that if she didn’t charge $9.60 per gallon, she would run out of business.

California has the greatest fuel tax in the country– 51 cents per gallon– and is set to raise that tax rate on July 1.

“I’m going to be lucky if I make the year with all the fees, the regulation, the payroll fees,” she said. “If it continues the way it is, Mendocino won’t have a gas station next year.”

The summer season is the busiest for driving and households throughout the country are now spending what totals up to $5,000 each year for gas, a boost from $2,800 a year back.

Republican politicians have actually pushed the Biden administration to pursue Trump-era oil and energy policies to lower fuel costs. Joe Biden, who is under pressure from the environment lobby and just weeks ago advised Americans to simply just accept high gas rates as part of “an incredible transition” away from fossil fuels, has so far rejected these calls back to sanity.

H/T Timcast

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