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In 2021-22, gasoline and diesel prices surged in the United States, reaching record highs, as part of a larger trend of inflation. [36] The average price of regular gasoline rose from $1.773 during the week of April 27, 2020, to $5 as of June 11, 2022, an all-time high. [37]
Diesel supplier Mansfield Energy is warning of increased diesel prices in the weeks and months ahead, with costs high enough to price out some consumers and make shipping more expensive.
Southern and Midwest states have some of the lowest prices in the country right now, with gas in Louisiana and Mississippi at $2.72. Texas, Arkansas, and Missouri drivers are paying just $2.76.
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel. [3]
Diesel prices have risen to their highest levels since March and are showing no immediate signs of easing their upward trend. The national price of diesel was at $4.38 per gallon as of Monday, $0. ...