US gasoline prices slightly up to $5.016 per gallon

ANKARA

US gasoline prices continued their increase on Tuesday, according to the latest figures from the American Automobile Association (AAA).

The national average stood at $5.016 per gallon (3.785 liters) for regular gasoline, up from $5.014 the previous day, and almost a 2% gain from last week's average of $4.919.

The latest price is approximately a 12.7% increase from $4.452 last month, and up 62.8% from $3.080 a year ago, according to data compiled by Anadolu Agency.

While the price of premium gasoline stood at a national average of $5.693, the average price of diesel was at $5.775 nationwide, as of Tuesday.

The highest price was recorded in the state of California at $6.438, followed by Nevada at $5.667.

Record gasoline prices in the world's largest economy are intensifying inflationary pressures, where annual consumer prices in May climbed 8.6% -- its largest gain since December 1981.

ANKARA

US gasoline prices continued their increase on Tuesday, according to the latest figures from the American Automobile Association (AAA).

The national average stood at $5.016 per gallon (3.785 liters) for regular gasoline, up from $5.014 the previous day, and almost a 2% gain from last week's average of $4.919.

The latest price is approximately a 12.7% increase from $4.452 last month, and up 62.8% from $3.080 a year ago, according to data compiled by Anadolu Agency.

While the price of premium gasoline stood at a national average of $5.693, the average price of diesel was at $5.775 nationwide, as of Tuesday.

The highest price was recorded in the state of California at $6.438, followed by Nevada at $5.667.

Record gasoline prices in the world's largest economy are intensifying inflationary pressures, where annual consumer prices in May climbed 8.6% -- its largest gain since December 1981.