Business & Finance
US national gas average rises to $4.28 as crude surpasses $100
Business Insider reports that the national gas price climbed to $4.28 per gallon, while diesel set a record high.
The short version
- The nationwide average for regular gasoline reached $4.28 per gallon on Thursday, while diesel rose to a record $5.94 per gallon.[Business Insider]
- Statewide prices varied sharply, with California reporting the highest average at $5.89 per gallon and Indiana the lowest at $3.56.[Business Insider]
- Brent crude surpassed $100 per barrel, and analyst Carol Spieckerman noted fuel costs are elevating prices for groceries, airfare, and petroleum products.[Business Insider]
Key facts
- The national average price for regular gasoline reached $4.28 per gallon on Thursday.[Business Insider]
- The national average price for diesel set a record at $5.94 a gallon.[Business Insider]
- California had the highest regular gasoline average at $5.89 per gallon, while Indiana recorded the lowest at $3.56 per gallon.[Business Insider]
- Brent crude climbed above $100 per barrel on Wednesday and Thursday.[Business Insider]
- Retail analyst Carol Spieckerman stated that elevated fuel costs have increased prices for air travel, groceries, and petroleum-based goods.[Business Insider]
What remains uncertain
- The duration of crude prices staying above $100 a barrel and the extent of further consumer price increases remain unknown.[Business Insider]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- Gas prices are climbing again. See the states where it is the most and least expensive.Business Insider metered