Staying Fit
Gas prices are setting new records daily as demand continues to outstrip supply. And while drivers across the country are feeling the pain at the pump, for residents in several states, it’s far worse. That’s because as of this week, people living in 20 states and the District of Columbia are paying more than $5 per gallon for regular gas. The list is expected to grow in the days and weeks to come, with little action in the immediate future expected to bring prices down.
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“We will have a national average of $5 per gallon by the end of next week,” says Robert Sinclair, a spokesperson for AAA Northeast. “The end of the summer driving season is Labor Day. We may see a lessening [of gas prices] then.”
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Why gas prices vary across the country
There are several reasons why consumers are paying so much at the pump. The war in Ukraine is one. The summer travel season is another. But why are just some states topping $5 per gallon? It boils down to the blend of gasoline, where it comes from and the state’s gasoline tax.
