Los Angeles station charges $8/gallon as gas prices continue to climb nationwide

The Chevron station in Downtown Los Angeles priced a gallon of standard unleaded at $8.05.

In California, the common value for a gallon of gasoline is $6.19.

The nationwide common for normal gasoline climbed by 5 cents on Wednesday to a contemporary document of $4.67 a gallon, in line with AAA.

That leaves gasoline costs up by 48 cents up to now month alone.

It now prices 32% extra to replenish your tank than on the day earlier than Russia invaded Ukraine.

Seven states now common $5 or increased, with Illinois turning into the newest to affix that unpopular membership, in line with AAA. New York and Arizona are simply pennies away from the $5 threshold.

No states have a mean of $4.15 or decrease, with Georgia coming in on the lowest at $4.16.

Andy Lipow, president of Lipow Oil Associates, instructed CNN he expects the nationwide common to hit $4.75 within the subsequent 10 days.

Oil costs, the largest part of pump costs, proceed to maneuver increased.

Brent crude, the world benchmark, gained 1% on Tuesday to shut on the highest degree in practically three months. Brent is up one other 1.2% Wednesday morning. The good points come after Europe agreed to section out 90% of Russian oil imports by the tip of the 12 months.

The nationwide common for normal gasoline is now 44 cents increased than on the day President Joe Biden introduced the largest-ever launch of oil from the Strategic Petroleum Reserve in late March.

Data from CNNWire was used on this report.