The recent boost in demand is one of the primary causes of the increase in gas prices. The COVID-19 vaccination has increased travel and commuting, which has raised the need for fuel as more people use them. Additionally, Texas’ recent winter storms have hampered oil output and increased gas prices nationwide.
Delaware’s state gas tax is another element driving up petrol costs there. With a 25 cent per gallon levy, Delaware has the highest gas tax in the area. The state’s gas tax is used to pay for transportation-related projects like bridge and road maintenance. However, this tax may result in the state’s petrol prices being higher than those in its surrounding states.
California now retains the top rank in terms of the highest gas prices in the US for 2021, with an average gas price of $3.94 per gallon. Oregon, Washington, Hawaii, and Nevada make up the final five states with the most expensive gas. Mississippi, on the other side, has the lowest national average for gas prices at $2.56 per gallon.
The average price for a gallon of gas in the US reached its highest level in July 2008, when it was $4.11. This increase in gas costs was brought on by a number of factors, including rising oil prices, a weak US dollar, and increased worldwide demand for oil. While gas prices have not yet risen to this level, it is possible that they will do so in the future as a result of comparable circumstances.
In conclusion, a number of variables, such as rising demand, disruptions in oil supply, and the state’s gas tax, have contributed to the recent spike in gas prices in Delaware. Even though gas prices can change again in the future months, it’s crucial for drivers to keep aware and plan for their gas expenses.