US Gas and Diesel Prices Hit Record Seasonal Highs
On Wednesday, the national average for regular unleaded gasoline reached $4.03 per gallon, a record high for this time of year, according to data from Bloomberg. Diesel prices also set a seasonal record, averaging $5.40 per gallon in mid-August. These figures represent the highest prices ever recorded for this period, and there is no immediate relief in sight as the market continues to face supply constraints and other pressures.
Key facts
- National average for regular unleaded gasoline reached $4.03 per gallon on Wednesday.
- Diesel averaged $5.40 per gallon in the same period.
- Both prices are records for mid-August.
- Data source: Bloomberg.
- No relief in sight for consumers.
Entities
Institutions
- Bloomberg
Sources
- Quartz —