Gasoline in the US this summer will rise sharply

This summer, gasoline prices are likely to increase by 14% compared to last summer — an average of $ 2.74 per gallon, according to US government estimates.

Фото: Depositphotos

“As fuel prices reach perennial highs due to cuts in oil production in OPEC countries, Russia and other countries, American motorists may face significantly higher gasoline prices this summer,” said Patrick DeHaan, senior analyst at an oil company. Gasbuddy, a website and smartphone apps that help drivers find the best deals.

Although gasoline is much cheaper than $ 4 per gallon in 2008, its cost has increased due to the increase in the cost of raw materials in the oil markets. According to AAA, an average gallon of gas on Tuesday cost $ 2,66.

According to AAA, drivers in California, Oregon, Nevada, Washington, Hawaii and Alaska are already paying more than 3 dollars per gallon. California's average gasoline price jumped to $ 3,52 compared to $ 2,99 a year earlier.

After falling to $ 26 per barrel at the beginning of 2016, crude oil went up more than 2 times. Last year, Saudi Arabia decided to cut oil supplies to the United States. US imports of Saudi oil fell by 14% last year to its lowest level since 1988.

At the same time, the United States is supplying record volumes of oil abroad, since Congress lifted a ban on most exports in the 2015 year. Oil exports from the US have grown almost 4 times since then.

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