Mapped: Gas Prices in America at All-Time Highs
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Mapped: Gas Prices in America at All-Time Highs

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Mapped: Gas Prices in America at All-Time Highs

Gas Prices in America at All-Time High

In recent days, gas prices have skyrocketed to all-time highs.

According to the American Automobile Association (AAA), the national average price of regular unleaded gas has reached $4.25 per gallon as of March 21st, 2022. This is the first time since 2008 that gas prices had exceeded the $4 per gallon mark.

The price of gas was already rising two weeks before the Russian invasion of Ukraine, owing to the increased demand due to the lifting of COVID restrictions. But when the war broke out, the price of regular gas jumped 41¢ during the first week. This surge in prices could add up to $2,000 in annual cost to the average American household.

While the price at the pump sits at $4.25 per gallon on average, it’s worth mentioning that prices range quite substantially depending on the state. California has the highest average price at $5.86 per gallon. On the other extreme, Kansas has an average price of $3.77 per gallon.

Where is Gas the Most Expensive in America?

There are eight states where gas prices are above $4.50 per gallon, and three states where the price is above $5: California, Hawaii, and Nevada.

Here are the 10 states or districts with the highest gas prices:

RankStateCost per Gallon
(as of 03/21/2022)
#1California$5.855
#2Nevada$5.118
#3Hawaii$5.087
#4Washington$4.726
#5Oregon$4.708
#6Alaska$4.699
#7Arizona$4.613
#8Illinois$4.506
#9New York$4.368
#10District of Columbia$4.367

Where is Gas the Least Expensive in America?

There are 16 states where gas prices are under $4 per gallon. Here are the 10 states with the lowest gas prices:

RankStateCost per Gallon
(as of 03/21/2022)
#1Kansas$3.767
#2Missouri$3.773
#3Oklahoma$3.775
#9Maryland$3.811
#5Arkansas$3.822
#6Nebraska$3.848
#7Iowa$3.854
#8North Dakota$3.882
#9Minnesota$3.914
#10Texas$3.918

There are a few reasons why gas prices can vary from state to state. State taxes play a big role in the final price at the pump, and they can range from 57.6¢ per gallon in Pennsylvania to 8¢ per gallon in Alaska.

Proximity to refineries is another contributing factor for cheaper gas. States like Texas, Louisiana, Mississippi, and Alabama often have lower prices than other regions.

When Will Gas Prices Go Down?

Gas prices were on the rise due to an oil supply shortage. When war broke out, there was an additional price surge due to sanctions or bans on Russian oil exports by the West.

It’s also worth noting that even as the price of oil begins to fall once again, there is typically a lag before prices at the pump begin to ease for consumers.

The Energy Information Administration projects that average spot price of Brent crude oil will be $105.22 per barrel this year, a $22 difference compared to its original February forecast. As a result, many experts are expecting that gas prices could stay near or above $4 per gallon for the rest of the year.

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Visualizing U.S. Crude Oil and Petroleum Product Imports in 2021

This visualization breaks down U.S. oil imports by country for 2021, showing the split by OPEC and non-OPEC nations.

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U.S. Petroleum Product and Crude Oil Imports in 2021: Visualized

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

Energy independence is top of mind for many nations as Russia’s invasion of Ukraine has prompted sanctions and bans against Russian coal and crude oil imports.

Despite being the world’s largest oil producer, in 2021 the U.S. still imported more than 3 billion barrels of crude oil and petroleum products, equal to 43% of the country’s consumption.

This visualization uses data from the Energy Information Administration (EIA) to compare U.S. crude oil and refined product imports with domestic crude oil production, and breaks down which countries the U.S. imported its oil from in 2021.

U.S. Crude Oil Imports, by Country

The U.S. imports more than 8 million barrels of petroleum products a day from other nations, making it the world’s second-largest importer of crude oil behind China.

America’s northern neighbor, Canada, is the largest source of petroleum imports at 1.58 billion barrels in 2021. These made up more than 51% of U.S. petroleum imports, and when counting only crude oil imports, Canada’s share rises to 62%.

RankCountryU.S. Oil Imports (2021, in barrels)Share
#1🇨🇦 Canada1,584 million51.3%
#2🇲🇽 Mexico259 million8.4%
#3🇷🇺 Russia254 million7.9%
#4🇸🇦 Saudi Arabia156 million5.1%
#5🇨🇴 Colombia74 million2.4%
#6🇪🇨 Ecuador61 million2.0%
#7🇮🇶 Iraq57 million1.9%
#8🇧🇷 Brazil52 million1.7%
#9🇰🇷 South Korea48 million1.6%
#10🇳🇱 Netherlands46 million1.5%
#11🇳🇬 Nigeria45 million1.5%
Other countries459 million14.7%
Total3,091 million100.0%

The second-largest contributor to U.S. petroleum imports was another neighbor, Mexico, with 259 million barrels imported in 2021—making up a bit more than 8% of U.S. petroleum imports.

Russia was the third-largest exporter of crude oil and petroleum products to the U.S. in 2021, with their 254 million barrels accounting for almost 8% of total imports.

U.S. Crude Oil and Petroleum Imports from OPEC and OPEC+

Only about 11% of U.S. crude oil and petroleum product imports come from OPEC nations, with another 16.3% coming from OPEC+ members.

While imports from OPEC and OPEC+ members make up more than a quarter of America’s total petroleum imports, this share is fairly small when considering OPEC members currently control nearly 80% of the world’s oil reserves.

Which Countries are Part of OPEC and OPEC-Plus?

The Organization of Petroleum Exporting Countries (OPEC) is a group of 13 petroleum producing nations that formed in 1960 to provide steady prices and supply distribution of crude oil and petroleum products.

In 2016, OPEC-plus was formed with additional oil-exporting nations in order to better control global oil supply and markets in response to a deluge of U.S. shale supply hitting the markets at that time.

OPEC members:

  • 🇮🇷 Iran*
  • 🇮🇶 Iraq*
  • 🇰🇼 Kuwait*
  • 🇸🇦 Saudi Arabia*
  • 🇻🇪 Venezuela*
  • 🇩🇿 Algeria
  • 🇦🇴 Angola
  • 🇬🇶 Equatorial Guinea
  • 🇬🇦 Gabon
  • 🇱🇾 Libya
  • 🇳🇬 Nigeria
  • 🇨🇩 Republic of the Congo
  • 🇦🇪 United Arab Emirates

* Founding members

OPEC+ members:

  • 🇷🇺 Russia
  • 🇲🇽 Mexico
  • 🇰🇿 Kazakhstan
  • 🇲🇾 Malaysia
  • 🇦🇿 Azerbaijan
  • 🇧🇭 Bahrain
  • 🇧🇳 Brunei
  • 🇴🇲 Oman
  • 🇸🇩 Sudan
  • 🇸🇸 South Sudan

Although OPEC and OPEC+ members supply a significant part of U.S. crude oil and petroleum imports, America has avoided overdependence on the group by instead building strong ties with neighboring exporters Canada and Mexico.

Crude Oil Imports Capitalize on U.S. Refineries

While the U.S. has been a net exporter of crude oil and petroleum products the past two years, exporting 3.15 billion barrels while importing 3.09 billion barrels in 2021, crude oil-only trade tells a different story.

In terms of just crude oil trade, the U.S. was a significant net importer, with 2.23 billion barrels of crude oil imports and only 1.08 billion barrels of crude oil exports. But with the U.S. being the world’s largest crude oil producer, why is this?

As noted earlier, neighboring Canada makes up larger shares of U.S. crude oil imports compared to crude oil and petroleum product imports. Similarly, Mexico reaches 10% of America’s crude oil imports when excluding petroleum products.

Maximizing imports from neighboring countries makes sense on multiple fronts for all parties due to lower transportation costs and risks, and it’s no surprise Canada and Mexico are providing large shares of just crude oil as well. With such a large collection of oil refineries across the border, it’s ultimately more cost-efficient for Canada and Mexico to tap into U.S. oil refining rather than refining domestically.

In turn, Mexico is the largest importer of U.S. produced gasoline and diesel fuel, and Canada is the third-largest importer of American-produced refined petroleum products.

Replacing Russian Crude Oil Imports

While Russia only makes up 8% of American petroleum product imports, their 254 million barrels will need to be replaced as both countries ceased trading soon after Russia’s invasion of Ukraine.

In an effort to curb rising oil and gasoline prices, in March President Joe Biden announced the release of up to 180 million barrels from the U.S. Strategic Petroleum Reserves. Other IEA nations are also releasing emergency oil reserves in an attempt to curb rising prices at the pump and volatility in the oil market.

While the U.S. and the rest of the world are still managing the short-term solutions to this oil supply gap, the long-term solution is complex and has various moving parts. From ramping up domestic oil production to replacing oil demand with other cleaner energy solutions, oil trade and imports will remain a vital part of America’s energy supply.

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Energy

Mapped: Solar and Wind Power by Country

Wind and solar make up 10% of the world’s electricity. Combined, they are the fourth-largest source of electricity after coal, gas, and hydro.

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Mapped: Solar and Wind Power by Country

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

Wind and solar generate over a tenth of the world’s electricity. Taken together, they are the fourth-largest source of electricity, behind coal, gas, and hydro.

This infographic based on data from Ember shows the rise of electricity from these two clean sources over the last decade.

Europe Leads in Wind and Solar

Wind and solar generated 10.3% of global electricity for the first time in 2021, rising from 9.3% in 2020, and doubling their share compared to 2015 when the Paris Climate Agreement was signed.

In fact, 50 countries (26%) generated over a tenth of their electricity from wind and solar in 2021, with seven countries hitting this landmark for the first time: China, Japan, Mongolia, Vietnam, Argentina, Hungary, and El Salvador.

Denmark and Uruguay achieved 52% and 47% respectively, leading the way in technology for high renewable grid integration.

RankTop Countries Solar/Wind Power Share
#1🇩🇰 Denmark 51.9%
#2🇺🇾 Uruguay 46.7%
#3🇱🇺 Luxembourg 43.4%
#4🇱🇹 Lithuania 36.9%
#5🇪🇸 Spain 32.9%
#6🇮🇪 Ireland 32.9%
#7🇵🇹 Portugal 31.5%
#8🇩🇪 Germany 28.8%
#9🇬🇷 Greece 28.7%
#10🇬🇧 United Kingdom 25.2%

From a regional perspective, Europe leads with nine of the top 10 countries. On the flipside, the Middle East and Africa have the fewest countries reaching the 10% threshold.

Further Renewables Growth Needed to meet Global Climate Goals

The electricity sector was the highest greenhouse gas emitting sector in 2020.

According to the International Energy Agency (IEA), the sector needs to hit net zero globally by 2040 to achieve the Paris Agreement’s goals of limiting global heating to 1.5 degrees. And to hit that goal, wind and solar power need to grow at nearly a 20% clip each year to 2030.

Despite the record rise in renewables, solar and wind electricity generation growth currently doesn’t meet the required marks to reach the Paris Agreement’s goals.

In fact, when the world faced an unprecedented surge in electricity demand in 2021, only 29% of the global rise in electricity demand was met with solar and wind.

Transition Underway

Even as emissions from the electricity sector are at an all-time high, there are signs that the global electricity transition is underway.

Governments like the U.S., Germany, UK, and Canada are planning to increase their share of clean electricity within the next decade and a half. Investments are also coming from the private sector, with companies like Amazon and Apple extending their positions on renewable energy to become some of the biggest buyers overall.

More wind and solar are being added to grids than ever, with renewables expected to provide the majority of clean electricity needed to phase out fossil fuels.

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