The world is currently feeling the effects of multiple crises. In addition to the pandemic itself, there are currently supply chain deadlocks that have resulted in nationwide food shortages, both of which are being exacerbated by a wide-scale labor exodus. These factors contributed to the overall soaring inflation rates that have touched every sector of commerce, including fuel. Gas prices have been on the rise for months, with the national average sitting at $3.37/gallon. However, for one town in California, that’s not even a drop in the bucket. Currently, residents of Gorda, CA are paying an unfathomable $7.59/gallon.
Gorda is a rural town located along the coast of California in the region known as Big Sur. Big Sur is a gorgeous natural landscape that is largely undeveloped due to its rugged terrain. It is a great place to live for those looking to escape the hustle and bustle and connect with nature, but it’s not so good for having immediate access to resources. Residents of Gorda only have a single gas station, which is a large part of why the price for a single gallon is so high. In fact, if a person owns a car that requires premium fuel they will have to dish out even more money. Premium is currently sitting at a jaw-dropping $8.50/ gallon.
Gorda’s situation is unique and most California residents will not have to pay that steep of a price to fill their tanks. However, California is currently ranked as the state with the highest gas prices. AAA lists their state average at just over $4.50/gallon. It even beat out the notoriously expensive Hawaii, which takes 2nd place for highest gasoline costs. A gallon of gas in Hawaii will run you $4.24.
The hikes in gas prices can be largely attributed to current problems with global supply chain infrastructure. However, they are also connected to a reason far more ominous. CNN reported that a significant part of why prices have been so high is because of a rapidly worsening global energy crisis. The combination of both of these reasons is why gas prices have reached a seven-year peak. It’s not just the United States who has been feeling the effects of inflated gasoline prices. Some reports are suggesting that Europe could run out of gas completely over the winter.
Examining the statistics of gas prices this year versus where they were at last year is mind-boggling. Not only are they at a seven-year high, but a news release sent out by AAA served to further put what that means into perspective. The news release revealed that it now costs an individual an average of $17 more to fill their tanks than it did a year ago. In fact, over the course of a single week, the national gas average climbed by 2.9 cents. That doesn’t sound like much but over time what looks to be a negligible amount inevitably adds up. Given all of the extenuating global circumstances, this upward trend is likely to continue well into the foreseeable future.