Roughly one out of every five gas stations in the U.S. is charging at least $5 per gallon for regular gasoline, and more than half are charging at least $4.75, an analysis shows.
An unidentified man seats on a bench near the advertise gas prices at a Sunoco Station on Ridge Avenue, Philadelphia.The price of regular gasoline reached a record high on Monday, June 6, hitting $4.86 per gallon. Diesel prices also set a new record of $5.64 per gallon at the start of the week, according to AAA., roughly one out of every five gas stations in the U.S. is charging at least $5 per gallon for regular gasoline, and more than half are charging at least $4.75.
On June 1, COVID-19 lockdowns were lifted in Shanghai, a city of 25 million people, accounting for 4% of China’s total crude oil consumption. As the city resumes normal day-to-day activities, oil demand is expected to increase. As demand and cost climb in tandem on the global market, drivers in the U.S. could see national average gas prices inch closer to $5 per gallon.compiled statistics on gas prices in Pennsylvania using data from AAA. Gas prices are as of June 8.