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Petrol prices in the US rise above $4.5 a gallon

17 May 2022
1 min.
Petrol prices in the US rise above $4.5 a gallon

New record

The cost of gasoline at gas stations in the US has once again hit an all-time high, reaching $4.523 per gallon (3.785 litres). This is evidenced by data released on Tuesday by the nonprofit American Automobile Association, which tracks rates at more than 60,000 gas stations in the country.

According to its data, the average cost per gallon of Regular gasoline rose to $4.523 in the U.S. by Tuesday morning. However, it is worth noting that the figure was $4.483 on Monday.

The highest gasoline prices in the United States, including California, cost an average of $6,021 per gallon.

US gasoline prices rise for 2 weeks in a row. The fuel costs are rising as world oil prices rise, even as the White House tries to buck this trend. One year ago, the price of gasoline was considered $3 per gallon.

On 14 May, President of The United States Oil and Gas Association Tim Stewart said that the collapse in the US energy sector had become one of the most difficult tests for the country's economy in recent years.

On 16 May, Richard Wayne Allen, a member of the House of Representatives, in a speech to Congress, pointed out that the rise in fuel prices in the USA was due to the policies of President Joe Biden and his administration.

Persons3 and Companies4 in the news

Member of the United States House of Representatives
1 place
President at United States Oil & Gas Association
2 place
46th President of the United States
3 place
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