Gas prices hit $4 in all 50 states for the first time, national average reaches record high

Gasoline prices continued to hit record highs this week as the average gallon of gas now costs at least $4 in all 50 states for the first time ever, according to the AAA auto club.

Only three states — Georgia, Kansas and Oklahoma — hadn’t crossed $4 a gallon on Monday, but they all saw jumps on Tuesday to reach that threshold.

Kansas still has the cheapest gas in the country at $4.006 per gallon, while California has the most expensive at $6.021 per gallon.

Gas prices are reported at over six dollars a gallon on Monday

Gas prices are reported at over six dollars a gallon on Monday, March 7, 2022 in Los Angeles. ((AP Photo/Marcio Jose Sanchez)/AP Newsroom)

Even oil-rich Texas, where gasoline prices are generally low due to low state taxes and proximity to refineries, had an average price of $4.214 a gallon on Tuesday, just slightly below the national average of $4.523 per gallon.

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“The high cost of oil, the key ingredient in gasoline, is driving these high pump prices for consumers,” AAA spokesman Andrew Gross said this week. “Even the annual seasonal drop in gasoline demand during the lull between Spring Break and Memorial Day, which would normally help to lower prices, is having no effect this year.”

West Texas Intermediate Crude, the U.S. benchmark, stood at $113.90 a barrel on Tuesday, down slightly from this year’s high of $129.44 on March 7.

flaring well gas petroleum energy

FILE – A flare burns natural gas at an oil well on August 26, 2021 in Watford City, ND (Associated Press)

The Biden administration has blamed soaring gas prices on Russia’s war in Ukraine and has taken steps to increase domestic supply, including releasing one million barrels of oil a day from the strategic reserve for the six coming months and allowing the sale of gasoline that uses a 15% ethanol blend.

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Biden’s Department of the Interior, however, canceled an oil and gas lease sale on more than a million acres in Alaska last week, citing “lack of industry interest.”

After the cancellation, Alaska Governor Mike Dunleavy said the Biden administration had “proven its lack of commitment to oil and gas development in the United States.” Biden and his allies have promoted what some call anti-fossil fuel policies since the executive orders he imposed during his first hours in the presidency.

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