Several factors have influenced gas prices — the Russian war in Ukraine being one of them. The results of these factors, plus inflation in nearly every other aspect of family budgeting, has left families struggling. Gas prices have increased 15 cents from just over a week ago, are 58 cents higher than a month ago, and $1.94 more per gallon than a year ago, Bloomberg reports. Those price jumps are just averages across the country. When we look further into each state’s current gas prices, some are startling, while others are slightly better than the average. AAA, which has been tracking gas prices since 2000, has compiled the average price of gas in each state alongside a warning that prices are not likely to drop anytime soon. “This dynamic between decreased supply and increased demand is contributing to rising prices at the pump,” AAA writes. “Coupled with increasing crude oil prices, this means that the price of gas will likely remain elevated for the near future.”
These are the states where gas prices are the least expensive:
And here are the ones where gas prices are the most costly:
In a recent press conference, President Joe Biden accused Exxon Mobil Corp. and other oil companies of exploiting the rise in prices while inflation rates are at a 40-year record. “We’re going to make sure everyone knows Exxon’s profits. Exxon made more money than God last year,” Biden said per Bloomberg. “Why aren’t they drilling? Because they make more money not producing more oil,” the president continued. “Exxon, start investing and start paying your taxes.”
