Gas soars once again, 5 cents off the highest national average ever

Person getting gas.
Person getting gas. Photo credit Getty Images
By , Audacy

Gas is on the rise again, increasing 13 cents from a week ago, as the average price for a gallon of regular-grade gasoline now sits at $4.32.

The Russian invasion of Ukraine has been a significant factor in rising gas prices. When comparing them today to a year ago, the national average price is $1.32 higher.

Only eight states, Nebraska, Missouri, Kansas, Arkansas, Mississippi, Georgia, Texas, and Oklahoma, currently have averages under $4.

Every other state in the country has passed the $4 threshold, with California, Nevada, and Hawaii sitting above $5, approaching $6.

According to Trilby Lundberg of the Lundberg Survey, the nation is just five cents away from breaking the highest average price in the nation's history, set back on March 11, Fox News reported.

The highest average is in San Francisco, where prices currently sit at $5.85 per gallon, Fox News reported.

Regular-grade gasoline isn't the only fuel being affected either, as the average price of diesel is up 43 cents, priced at $5.58 a gallon as the fuel is in short supply.

Patrick De Haan, the head of GasBuddy, shared with CNBC that a rise in cost and short supply of diesel will affect all other facets of the U.S. economy as tankers, trucks, and trains run on the fuel.

"Diesel is the fuel that powers the economy," De Haan said, adding that higher diesel prices are "certainly going to translate into more expensive goods."

De Haan continued saying there won't be only one area affected, as "the grocery store, the hardware store, anywhere you shop" will see price hikes due to the farming, manufacturing, metals, and mining industries all relying on diesel.

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Featured Image Photo Credit: Getty Images