STACKER. The average price of a gallon of regular gasoline nationwide repeatedly broke records during the first two weeks of May, according to the American Automobile Association. AAA is a private, non-profit, national association and service organization with over 60 million members in the US and Canada. AAA’s nationwide gas price survey found that as of May 16, 2022, almost every state has exceeded the price of $4 a gallon.
Fluctuations in gas prices – up 30.8% per gallon in the US compared to last year – are felt on a personal level, but they are often influenced by sudden events and major changes in politics in the country and the world. Natural disasters, such as hurricanes that shut down refineries along the Gulf of Mexico, where about half of US crude oil is processed, could push prices up almost immediately. As with the First Gulf War with Iraq in 1990-1991 or Russia’s invasion of Ukraine in February, military conflicts involving oil-producing countries can also have ripple effects around the world.
The cost of crude oil, determined by global supply and demand, is the most important determinant of gas prices in a country. At present, high seasonal demand, the recovery of travel after COVID-19 restrictions, weak domestic production and international sanctions against Russia, a major player in the global oil market, are all contributing to the constant increase in gas station prices.
Route planning app Routific studied AAA data to see how gas prices have changed in every state over the past year, including our nation’s capital, in response to global events. States on the east coast have seen the most painful increase in gas station prices.
Continue reading below to see how this has affected your state, or check out national trends here.
North Dakota in numbers
– Regular gas price increase since July 2021: +55.0% (+$1.64 per gallon)
– Mid-grade gas price increase from July 2021: +55.8% (+$1.78 per gallon)
– Premium gas price increase from July 2021: +56.4% (+$1.92/gallon)
– Diesel price increase since July 2021: +76.0% (+$2.40/gallon)
Out of curiosity, which states have seen the biggest increases in gas prices? Read on to find out.
States with the largest increase in gas prices since last year
No. 1. Arizona: 63.6% regular gas price increase from July 2021 (+$1.98 per gallon)
#2 Massachusetts: 59.7% regular gas price increase from July 2021 (+$1.80 per gallon)
Number 3. New Hampshire: 59.4% increase in regular gas prices from July 2021 (+$1.77 per gallon)
#4 Vermont: 59.4% regular gas price increase from July 2021 (+$1.80 per gallon)
#5 Missouri: 59.0% increase in regular gas prices from July 2021 (+$1.66/gallon)
This story originally appeared on Stacker and was produced and distributed in collaboration with Stacker Studio. This article has been republished under the CC by NC 4.0 license.