Gas prices rise in the US: what happens to prices as states quarantine

As the American economy reopens after quarantine, gas prices are rising - the national average is $2,10 per gallon, writes USA Today.

Photo: Shutterstock

According to the GasBuddy fuel economy app, the average national gas price rises for the sixth consecutive week, starting at a low of $ 1,74 per gallon in April. During the summer, further price increases are expected.

"It's no surprise that gasoline prices rose for the sixth straight week as demand reached its highest level since early March as Americans get back on the road," said Patrick DeHaan, head of petroleum analysis at GasBuddy.

According to the American Automobile Association (AAA), the national average was $ 2,10 on Sunday (June 14), up 70 cents from a year ago.

Trundby Landberg, an industry analyst at Lundberg Survey, said the jump was amid rising crude oil prices.

At the end of March, when most of the country's residents were at home, the national average fell below $ 1,99 per gallon. In several states, gas was cheaper than $ 1 in April.

The highest average price in the country for regular gasoline is $3,11 per gallon in Honolulu. The lowest average is $1,69 in Baton Rouge, Louisiana. The average price for diesel fuel is $2,55, the same as two weeks ago.

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Gas prices vary depending on a number of factors, including local competition, demand for fuel, refineries, oil and gas reserves, and transportation costs.

The increase is expected to be even greater, DeKhan said on his blog.

“While I don't see oil holding strong for long enough, given that demand remains 20-25% lower than a year ago, I believe the concern pushing oil prices higher is due to the fact that the economy may recover faster than expected,” the expert noted. “For now, motorists will likely continue to see gasoline prices rise in the coming weeks.”

The states with the highest rise in gas prices

According to GasBuddy, these 10 states had the biggest price increases since May as of June 11th.

Michigan

• May 1 gasoline price: $ 1,50
• Gas Price June 7: $ 2,06
• Difference: 56 cents per gallon increase

Wisconsin

• May 1 gasoline price: $ 1,44
• Gas Price June 7: $ 1,95
• Difference: 51 cents per gallon increase

Indiana

• May 1 gasoline price: $ 1,61
• Gas Price June 7: $ 2,08
• Difference: 47 cents per gallon increase

Illinois

• May 1 gasoline price: $ 1,78
• Gas Price June 7: $ 2,23
• Difference: 45 cents per gallon increase

Ohio

• May 1 gasoline price: $ 1,56
• Gas Price June 7: $ 2,01
• Difference: 45 cents per gallon increase

Colorado

• May 1 gasoline price: $ 1,77
• Gas Price June 7: $ 2,22
• Difference: 45 cents per gallon increase

Kentucky

• May 1 gasoline price: $ 1,46
• Gas Price June 7: $ 1,88
• Difference: 42 cents per gallon increase

Minnesota

• May 1 gasoline price: $ 1,52
• Gas Price June 7: $ 1,94
• Difference: 42 cents per gallon increase

Idaho

• May 1 gasoline price: $ 1,80
• Gas Price June 7: $ 2,22
• Difference: 42 cents per gallon increase

Iowa

• May 1 gasoline price: $ 1,54
• Gas Price June 7: $ 1,95
• Difference: 41 cents per gallon increase

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