U.S. gas prices are at an all time high. The average price of a gallon of regular gasoline now stands at $4.32, up from less than $3.50 one month ago, as the surge in fuel prices shows few signs of slowing.
The price spike is due to several factors. Most notably, the Russian invasion of Ukraine is leading to reduced supply of oil and gas, as many would-be buyers are reducing consumption of Russian oil – including the U.S., which imposed a ban on Russian oil imports. Russia is traditionally the third largest oil supplier in the world, accounting for 11% of global production. Here is a look at the 15 countries that control the world’s oil.
Even before the outbreak of war in Eastern Europe, fuel prices were on the rise. The ongoing reopening of the U.S. economy has contributed to rising demand for gas – and rising prices in turn have fueled broader inflation concerns. Meanwhile, domestic supply of fuel has been limited, as oil companies have cut investments in new wells in recent years to improve profitability.
While the average price of gas is at an all time high, exactly how much Americans are paying for a gallon of gas varies across the country. And in some cities, fuel prices are so high they make the national average look like a bargain. Using fuel price data from AAA, the American Automobile Association, 24/7 Wall St. identified the 50 metropolitan areas with the highest gas prices. Metro areas are ranked by the average price of a gallon of regular gasoline on March 10, 2022.
Among the metro areas on this list, gas prices range anywhere from $4.70 a gallon to $5.91 a gallon. Nearly every city on this list is in the West, including 31 in California alone. Here is a look at the states with the highest gas prices.
The total price motorists pay at the pump is the product of several factors, including the price of crude oil – largely determined by global supply and demand – and taxes. The U.S. government levies a gasoline tax of 18.4 cents per gallon, while states are free to set their own gas tax rate. State gas taxes and fees average about 30 cents per gallon. Here is a look at the states with the highest gas taxes.
Click here for the cities with the highest gas prices are
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50. Anchorage, AK
> Avg. price of gas, March 10: $4.70 per gallon
> 1-day change: +$0.09 per gallon
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49. Honolulu, HI
> Avg. price of gas, March 10: $4.71 per gallon
> 1-day change: +$0.04 per gallon
48. Bremerton, WA
> Avg. price of gas, March 10: $4.72 per gallon
> 1-day change: +$0.10 per gallon
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47. Eugene-Springfield, OR
> Avg. price of gas, March 10: $4.74 per gallon
> 1-day change: +$0.08 per gallon
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46. Vancouver, WA
> Avg. price of gas, March 10: $4.74 per gallon
> 1-day change: +$0.06 per gallon
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45. Olympia, WA
> Avg. price of gas, March 10: $4.75 per gallon
> 1-day change: +$0.08 per gallon
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44. Portland-Vancouver (OR only), OR
> Avg. price of gas, March 10: $4.76 per gallon
> 1-day change: +$0.06 per gallon
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43. Bend, OR
> Avg. price of gas, March 10: $4.79 per gallon
> 1-day change: +$0.06 per gallon
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42. Tacoma, WA
> Avg. price of gas, March 10: $4.79 per gallon
> 1-day change: +$0.08 per gallon
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41. Medford-Ashland, OR
> Avg. price of gas, March 10: $4.80 per gallon
> 1-day change: +$0.01 per gallon
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40. City of Chicago, IL
> Avg. price of gas, March 10: $4.82 per gallon
> 1-day change: +$0.05 per gallon
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39. Hilo, HI
> Avg. price of gas, March 10: $4.85 per gallon
> 1-day change: +$0.04 per gallon
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38. Seattle-Bellevue-Everett, WA
> Avg. price of gas, March 10: $4.87 per gallon
> 1-day change: +$0.07 per gallon
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37. Las Vegas (NV only), NV
> Avg. price of gas, March 10: $4.89 per gallon
> 1-day change: +$0.10 per gallon
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36. Grants Pass, OR
> Avg. price of gas, March 10: $4.95 per gallon
> 1-day change: +$0.01 per gallon
35. Wailuku, HI
> Avg. price of gas, March 10: $4.98 per gallon
> 1-day change: +$0.04 per gallon
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35. Kahului, HI
> Avg. price of gas, March 10: $4.98 per gallon
> 1-day change: +$0.04 per gallon
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33. Reno, NV
> Avg. price of gas, March 10: $5.03 per gallon
> 1-day change: +$0.08 per gallon
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32. Lihue (Kauai), HI
> Avg. price of gas, March 10: $5.04 per gallon
> 1-day change: +$0.03 per gallon
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31. Hanford-Corcoran, CA
> Avg. price of gas, March 10: $5.39 per gallon
> 1-day change: +$0.12 per gallon
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30. Yuba City, CA
> Avg. price of gas, March 10: $5.46 per gallon
> 1-day change: +$0.12 per gallon
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29. Madera-Chowchilla, CA
> Avg. price of gas, March 10: $5.50 per gallon
> 1-day change: +$0.09 per gallon
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28. Modesto, CA
> Avg. price of gas, March 10: $5.51 per gallon
> 1-day change: +$0.12 per gallon
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27. Merced, CA
> Avg. price of gas, March 10: $5.51 per gallon
> 1-day change: +$0.12 per gallon
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26. Chico-Paradise, CA
> Avg. price of gas, March 10: $5.53 per gallon
> 1-day change: +$0.09 per gallon
25. Fresno, CA
> Avg. price of gas, March 10: $5.53 per gallon
> 1-day change: +$0.12 per gallon
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24. Visalia-Tulare-Porterville, CA
> Avg. price of gas, March 10: $5.53 per gallon
> 1-day change: +$0.12 per gallon
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23. Bakersfield, CA
> Avg. price of gas, March 10: $5.56 per gallon
> 1-day change: +$0.13 per gallon
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22. Yolo, CA
> Avg. price of gas, March 10: $5.57 per gallon
> 1-day change: +$0.14 per gallon
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21. Redding, CA
> Avg. price of gas, March 10: $5.59 per gallon
> 1-day change: +$0.12 per gallon
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20. Stockton-Lodi, CA
> Avg. price of gas, March 10: $5.59 per gallon
> 1-day change: +$0.11 per gallon
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19. Santa Cruz-Watsonville, CA
> Avg. price of gas, March 10: $5.61 per gallon
> 1-day change: +$0.11 per gallon
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18. Sacramento, CA
> Avg. price of gas, March 10: $5.62 per gallon
> 1-day change: +$0.11 per gallon
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17. Riverside, CA
> Avg. price of gas, March 10: $5.66 per gallon
> 1-day change: +$0.11 per gallon
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16. Salinas, CA
> Avg. price of gas, March 10: $5.66 per gallon
> 1-day change: +$0.10 per gallon
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15. El Centro, CA
> Avg. price of gas, March 10: $5.68 per gallon
> 1-day change: +$0.11 per gallon
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14. Santa Barbara-Santa Maria-Lompoc, CA
> Avg. price of gas, March 10: $5.69 per gallon
> 1-day change: +$0.14 per gallon
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13. San Bernardino, CA
> Avg. price of gas, March 10: $5.69 per gallon
> 1-day change: +$0.12 per gallon
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12. Ventura, CA
> Avg. price of gas, March 10: $5.71 per gallon
> 1-day change: +$0.14 per gallon
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11. San Diego, CA
> Avg. price of gas, March 10: $5.71 per gallon
> 1-day change: +$0.11 per gallon
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10. Vallejo-Fairfield, CA
> Avg. price of gas, March 10: $5.72 per gallon
> 1-day change: +$0.10 per gallon
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9. San Jose, CA
> Avg. price of gas, March 10: $5.73 per gallon
> 1-day change: +$0.14 per gallon
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8. Orange County, CA
> Avg. price of gas, March 10: $5.76 per gallon
> 1-day change: +$0.11 per gallon
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7. Oakland, CA
> Avg. price of gas, March 10: $5.76 per gallon
> 1-day change: +$0.12 per gallon
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6. Los Angeles-Long Beach, CA
> Avg. price of gas, March 10: $5.78 per gallon
> 1-day change: +$0.13 per gallon
Source: MasaoTaira / Getty Images
5. Napa, CA
> Avg. price of gas, March 10: $5.81 per gallon
> 1-day change: +$0.12 per gallon
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4. Santa Rosa, CA
> Avg. price of gas, March 10: $5.81 per gallon
> 1-day change: +$0.12 per gallon
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3. San Francisco, CA
> Avg. price of gas, March 10: $5.83 per gallon
> 1-day change: +$0.14 per gallon
2. San Luis Obispo-Atascadero-Paso Robles, CA
> Avg. price of gas, March 10: $5.88 per gallon
> 1-day change: +$0.16 per gallon
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Source: Public Domain via U.S. Army Corps of Engineers Digital Visual Library / Wikimedia Commons
1. San Rafael, CA
> Avg. price of gas, March 10: $5.91 per gallon
> 1-day change: +$0.13 per gallon
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