Montana has seen a 56.7% increase in gas prices since last year

The nationwide common worth for a gallon of standard gasoline broke information repeatedly in the course of the first two weeks of Could, in accordance with the American Vehicle Affiliation. AAA is a privately held not-for-profit nationwide member affiliation and repair group with greater than 60 million members in america and Canada. AAA’s nationwide survey on gasoline costs discovered that, as of Could 16, 2022, almost each state has handed the $4 per gallon worth.

Fuel worth fluctuations—up 30.8% per gallon within the U.S. from one 12 months in the past—are felt on a private stage, however they’re usually influenced by sudden occasions and main coverage shifts throughout the nation and world. Pure disasters like hurricanes that shut down refineries alongside the Gulf of Mexico—the place roughly half of America’s crude oil is processed—can drive costs up nearly instantly. As in the course of the First Gulf Warfare with Iraq in 1990-91 or with Russia’s invasion of Ukraine in February, navy conflicts involving oil-producing nations may also trigger ripple results worldwide.

The price of crude oil, set by international provide and demand, is the nation’s most important determinant for gasoline costs. At the moment, excessive seasonal demand, rebounding journey within the wake of COVID-19 restrictions, weak home output, and worldwide sanctions in opposition to Russia—an enormous participant within the international oil market—are all contributing to ever-increasing costs on the pump.

Route-planning app Routific examined AAA knowledge to see how gasoline costs have modified in each state over the previous 12 months, together with in our nation’s capital in response to international occasions. States on the East Coast have seen probably the most painful worth will increase on the pump.

Hold studying beneath to see how your state has been impacted, or take a look at nationwide developments right here.

Montana by the numbers

– Common gasoline worth improve since July 2021: +56.7% (+$1.78 per gallon)

– Midgrade gasoline worth improve since July 2021: +52.8% (+$1.80 per gallon)

– Premium gasoline worth improve since July 2021: +50.4% (+$1.84 per gallon)

– Diesel gasoline worth improve since July 2021: +77.1% (+$2.56 per gallon)

Curious which states have seen the most important gasoline worth hikes? Learn on to seek out out.

States with the most important gasoline worth will increase since final 12 months

#1. Arizona: +63.6% common gasoline worth improve since July 2021 (+$1.98 per gallon)

#2. Massachusetts: +59.7% common gasoline worth improve since July 2021 (+$1.80 per gallon)

#3. New Hampshire: +59.4% common gasoline worth improve since July 2021 (+$1.77 per gallon)

#4. Vermont: +59.4% common gasoline worth improve since July 2021 (+$1.80 per gallon)

#5. Missouri: +59.0% common gasoline worth improve since July 2021 (+$1.66 per gallon)