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US Gas Hits $4.30/gal, Fed Holds Rates Amid Inflation

5/1/2026

Summary

Drivers Face Record

U.S. drivers paid a national average of $4.30 per gallon on Thursday, April 30, the highest level since July 2022.
California averaged $6.01 per gallon, with some states near $6, according to AAA data.
James Cox of Harris Financial Group forecast that elevated gasoline prices will persist through the end of 2026.
Fed Chair Jerome Powell left the benchmark interest rate unchanged, citing inflation linked to the recent energy price surge.

Summary

TripTik Displays Prices

AAA TripTik now provides drivers real-time gasoline and EV-charging prices along routes.
California ($6.01), Hawaii ($5.64), Washington ($5.57), Oregon ($5.15), Nevada ($5.12), Alaska ($4.92), Arizona ($4.67), Illinois ($4.66), Michigan ($4.58) and Ohio ($4.46) have the highest gasoline prices this week.
Kansas (29 cents/kWh), Missouri (31 cents/kWh), Utah (32 cents/kWh), Maryland (33 cents/kWh), Nebraska (33 cents/kWh), Iowa (34 cents/kWh), South Dakota (35 cents/kWh), Vermont (35 cents/kWh), New Mexico (36 cents/kWh) and Delaware (37 cents/kWh) have the lowest public EV-charging rates.

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Drivers Face Record

U.S. drivers paid a national average of $4.30 per gallon on Thursday, April 30, the highest level since July 2022.
California averaged $6.01 per gallon, with some states near $6, according to AAA data.
James Cox of Harris Financial Group forecast that elevated gasoline prices will persist through the end of 2026.
Fed Chair Jerome Powell left the benchmark interest rate unchanged, citing inflation linked to the recent energy price surge.

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