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Half of Americans See Gas Price Rise by 50c per Gallon in Only a Month

Half of Americans See Gas Price Rise by 50c per Gallon in Only a Month

Half of Americans See Gas Price Rise by 50c per Gallon in Only a Month
May 20, 2022 28 secs

The price jump for regular gasoline over the past month is far higher than the headline rate of inflation.

The 21 states that have seen the biggest increases are all showing higher than 10 percent inflation since last month, compared to the headline inflation rate for all goods of 8.5 percent from last year.

The monthly price rises have pushed the average price of regular gas to $4.593 per gallon.

According to figures from the AAA, all 50 states (and D.C.) have seen yearly inflation in regular gas of over 30 percent, with Massachusetts seeing prices 62 percent higher than last year.

Summarized by 365NEWSX ROBOTS

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