AAA says on Tuesday, Ohio is trailing behind, but not much better, at $3.99.
Last week, the International Energy Agency released from its 31 member countries’ strategic reserves, including the U.S., Germany, Canada, South Korea, and Mexico, to help counter the impact of rising crude prices. These members committed to releasing 61.7 million bbl total – half of which is expected to come from the U.S. – the largest coordinated release since IEA was founded in 1974, AAA says.
According to IEA, Russia exports approximately 5 million b/d of crude oil, representing about 12% of its global trade.
Here are some of the highest average gas prices by state:
- California ($5.44)
- Hawaii ($4.71)
- Nevada ($4.67)
- Oregon ($4.59)
- Washington ($4.55)
- Alaska ($4.50)
- New York ($4.37)
Just one week ago, the national average was $3.62. One year ago, it was $2.77.