Gas Prices Top $2.80 in 14 States

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By Douglas A. McIntyre Updated Published
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Gas Prices Top $2.80 in 14 States

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Gasoline prices are again headed toward $3 a gallon. In several states, the cost of an average gallon of regular is already above that level. And 14 states have crossed the $2.80 barrier and are mostly racing higher.

Gas prices, based on an average gallon of regular, are above $3 in Alaska, California, Hawaii, Idaho, Nevada, Oregon, Utah and Washington. The only one of these with a large population is California, the top state, with a population of 39.5 million. That is 12% of America’s total population.

However, several other large states have breached the $2.80 barrier, which means much of the U.S. population is paying very high prices. This includes Pennsylvania at $2.95; Michigan, Illinois and New York at $2.84; and Washington, D.C., and Connecticut at $2.83, according to GasBuddy. Among those states, there are over 60 million residents, or almost 20% of America’s population.

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The AAA recently released a statement about the price increase and reasons it could rise further:

At $2.71, gas prices are at their most expensive point in nearly three years and continue to climb. On the week, the national average increased a nickel. Motorists in six west coast states are paying more than $3/gallon. Across the country, only 27 percent of gas stations are selling gas for $2.50 or less.

“Expensive crude oil prices, unrest in the Middle East, strong domestic demand, record production rates and global oil supply surplus have created the perfect storm to drive spring gas prices toward new heights,” said Jeanette Casselano, AAA spokesperson. “Consumers can expect gas prices to increase another 5 to 10 cents this season, but the national average is not expected to reach the $3 mark.”

The national average may not reach that mark, but much of America is already near or above that $3 number.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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