Columbus, Ohio – The average price of a gallon of regular-grade gasoline in the United States reached $3.64 per gallon, which is an increase of 10 cents in the last two weeks.
Trilby Lundberg, an industry expert with the Lundberg Survey, said on Sunday that the price hike occurred as a result of an increase in crude oil prices as a result of global supply issues after Russia’s invasion of Ukraine. According to Lundberg, additional growth is expected.
The price of gas at the pump has increased by roughly a dollar since last year.
The San Francisco Bay Area has the highest average price for regular-grade gas in the United States, at $4.86 a gallon on average. Houston has the lowest average price per gallon, at $3.14 per gallon.
According to the survey results, the average price of diesel is $4.02 a gallon, an increase of 12 cents in only two weeks.