The price of gasoline breaks its 98-day losing streak in the US: how much it is sold for


Although gasoline has fallen steadily for several weeks, the national average price is still more expensive compared to a year ago, when it cost $3,192 a gallon.

Photo: JOHN THYS/Getty Images

After 98 days of consecutive falls in gasoline prices in the United States, this Wednesday the average per gallon suffered an unexpected, but slight increase. This 14-week period it was the longest streak the country has seen since 2015according to GasBuddy.

The national average price for a gallon of regular gas was $3,681 on Wednesday, according to AAA. That’s more than $3,674 on Tuesday, but still below the average of a week ago of $3,703 and from the average of $3,904 a month ago.

Nevertheless, the price is still higher compared to the average recorded a year agoof $3,192 dollars.

Although gasoline prices have been falling for months, experts have warned that they could rise again. In a post, an AAA spokesperson said that a confluence of global factors had been conspiring to end the streak.

All streaks have to end at some pointand the national average for a gallon of gasoline has fallen $1.34 from its peak in mid-June,” said Andrew Gross.

Patrick De Haan, head of oil analysis at GasBuddy, told USA TODAY that a number of factors could push prices higher this year, such as hurricane season. Gas prices are also closely linked to world oil prices.

Last week, the price of US benchmark crude oil West Texas Intermediate topped $88 a barrel for the first time since August. Since then, it has fallen in price again, suggesting further declines in US pump prices could be in the offing.

The average price of a gallon of regular gasoline also varies depending on the state where it is sold: on Wednesday in California, the average cost was about $5.49compared to Mississippi at about $3.09.

10 states with the most expensive gasoline

1.- California: $5,519 dollars
2.- Hawaii: $5,257 dollars
3.- Nevada: $4,963 dollars
4.- Montana: $4,952 dollars
5.- Oregon: $4,691 dollars
6.- Alaska: $4,652 dollars
7.- Washington: $4,647 dollars
8.- Idaho: $4,390 dollars
9.- Utah: $4,221 dollars
10: Arizona: $4,071

10 states with the lowest prices

1.- Mississippi: $3,091 dollars
2.- Louisiana: $3,128 dollars
3.- Georgia: $3,147 dollars
4.- Texas: $3,153 dollars
5.- Tennessee: $3,200 dollars
6.- Alabama: $3,231 dollars
7.- Arkansas: $3,233 dollars
8.- South Carolina: $3,242 dollars
9- Kentucky: $3,253 dollars
10- Delaware: $3,297 dollars

You may also like:
– California residents will soon receive their relief payments for gas prices
– Inflation: 5 products whose prices hit the pockets of Americans the hardest
– Gasoline prices could reach below $3 in some states: why

Source-laopinion.com