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Relentless Price Hikes Send U.S. Gasoline Price To Fresh Record High

By Tsvetana Paraskova

 

  • U.S. average nationwide gasoline prices hit $4.404 per gallon on Wednesday.
  • Diesel prices also hit a new high on Wednesday, reaching $5.553 a gallon.
  • This time last year, the national average U.S. gasoline price stood at $2.985 per gallon.

U.S. gasoline prices continued to rise, setting another all-time high on Wednesday at $4.404 per gallon average nationwide, data from AAA showed today.

That’s the highest recorded average price for gasoline in the United States, ever. Diesel prices also hit a new high on Wednesday, reaching $5.553 a gallon. This is the highest average price ever recorded, too.

Average U.S. gasoline prices have reached new records every day this week, with Monday’s price at $4.328 per gallon. The gasoline price increased to $4.374 a gallon on Tuesday, to pass the $4.40 mark on Wednesday for the latest all-time high.

To compare, at this time last year, the national average U.S. gasoline price stood at $2.985 per gallon, per AAA data.

 

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