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Gas Prices in San Francisco Reach New High – Daily Flash Briefing

October 29, 2021 by Bautis Financial
Gas Prices in San Francisco Reach New High

Average prices for fuel in The Bay Area reached $4.75 a gallon. What do prices look like around the country, in comparison?

Prices for gasoline in one of the nation’s major cities reached the highest average price ever recorded in the US, according to the fuel savings program GasBuddy.

Average prices for fuel in San Francisco, California metro area reached $4.75 a gallon, breaching the previous record of $4.743 that was set in 2012.

Patrick De Haan, head of petroleum analysts at GasBuddy, said “The Bay Area just recorded the nation’s highest ever average price of gasoline in the United States. Thanks to myriad challenges, derived from the COVID-19 pandemic, the average fillup now costs motorists in the Bay Area nearly $62.”

That’s nearly 65% higher than the average price in the cheapest U.S. city, Lawton, Oklahoma, where the average is $2.86 a gallon.

As of Thursday, the nation’s average price for regular gasoline stood at $3.388 a gallon, up 21 cents from last month and up nearly $1.25 from a year ago, according to GasBuddy.

The highest recorded average for the U.S. as a whole was set on July 16, 2008 at $4.103.

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Category: Finance NewsTag: Gas, Gas Prices, Inflation, Inflation Concerns, Oil, Oil news
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