The cost of gasoline in the U.S. has climbed to record highs as the economy recovers, according to a new report from GasBuddy.
GasBuddy, a marketplace for gas prices, estimates the price of regular unleaded and premium unleaded gas in the United States is at $3.07 per gallon.
It estimates the cost of regular gasoline in California is $3 per gallon, while the cost in Texas is $4.19 per gallon.
“Gas prices in the states of California and Texas are rising faster than the national average, and it’s causing gas prices in California and other big gas markets to soar, according a report from the National Association of Realtors.
According to GasBucket, gas prices for everyday consumer use in the continental United States increased $1.4 billion to $3,868.62 per gallon in 2017, an increase of 17.2 percent from the previous year.
In the Midwest, where prices for gas have increased significantly, average gas prices increased $3 a gallon to $2.99 per gallon during the same period.