Gas prices have reached unprecedented levels, impacting millions of drivers across the nation. As the global economy grapples with supply chain disruptions and geopolitical tensions, consumers are feeling the pinch at the pump. In California, the average price for a gallon of regular gasoline has surpassed $5, while national averages hover around $4.06. Understanding the factors behind these price hikes and knowing how to find cheaper gas can save you money and ease your financial burden.
The rapid escalation in gas prices is mainly driven by a combination of supply chain issues, increased demand, and external factors such as Russia's invasion of Ukraine, which further complicates the energy market. The American Automobile Association has reported significant increases in fuel costs compared to previous years, leaving many drivers searching for ways to mitigate expenses. In this article, we'll explore practical tips to locate affordable gas and understand the current market conditions.
With the current landscape of rising fuel costs, it is crucial to remain informed and proactive. Whether you rely on your vehicle for daily commutes or weekend getaways, knowing where to find the cheapest gas can make a difference in your budget. Below, we will outline some tips and resources that can help you navigate the current gas price crisis more effectively.
What You Will Learn
- The reasons behind the recent spike in gas prices.
- How to find the cheapest gas stations in your area.
- The benefits of using apps like GasBuddy for better fuel prices.
- Tips for saving money on fuel by paying cash.
Gas prices have skyrocketed, reflecting a broader economic trend that many have been anticipating. Prices had already been climbing due to supply chain issues, but Russia’s invasion of Ukraine has caused an even more significant spike. In California, the average price of a gallon of regular-grade gasoline was $5.34 — and even higher in Los Angeles County, which was averaging $5.43 a gallon, according to the American Automobile Association’s price tracker. The national average is now $4.06, a staggering $1.30 more than a year ago and the highest it has been since July 2008, according to AAA.
One of the cheapest gas stations in L.A. County is Noil USA Inc. at 1234 W. Cowles St. in Long Beach. On Monday, the price for a gallon of regular-grade fuel was $4.74 with cash or $4.84 with a card. The app GasBuddy can help you find gas stations closest to you with the lowest prices. When you first download the app, it will ask you to sign up for an account. You can use the