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:
|Rank||State||Cost per Gallon
(as of 03/21/2022)
|#10||District 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:
|Rank||State||Cost per Gallon
(as of 03/21/2022)
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.
Visualizing the World’s Largest Hydroelectric Dams
Hydroelectric dams generate 40% of the world’s renewable energy, the largest of any type. View this infographic to learn more.
Visualizing the World’s Largest Hydroelectric Dams
Did you know that hydroelectricity is the world’s biggest source of renewable energy? According to recent figures from the International Renewable Energy Agency (IRENA), it represents 40% of total capacity, ahead of solar (28%) and wind (27%).
This type of energy is generated by hydroelectric power stations, which are essentially large dams that use the water flow to spin a turbine. They can also serve secondary functions such as flow monitoring and flood control.
To help you learn more about hydropower, we’ve visualized the five largest hydroelectric dams in the world, ranked by their maximum output.
Overview of the Data
The following table lists key information about the five dams shown in this graphic, as of 2021. Installed capacity is the maximum amount of power that a plant can generate under full load.
|🇨🇳 China||Three Gorges Dam||Yangtze River||22.5||181 x 2,335|
|🇧🇷 Brazil / 🇵🇾 Paraguay||Itaipu Dam||Parana River||14.0||196 x 7,919|
|🇨🇳 China||Xiluodu Dam||Jinsha River||13.9||286 x 700|
|🇧🇷 Brazil||Belo Monte Dam||Xingu River||11.2||90 X 3,545|
|🇻🇪 Venezuela||Guri Dam||Caroni River||10.2||162 x 7,426|
At the top of the list is China’s Three Gorges Dam, which opened in 2003. It has an installed capacity of 22.5 gigawatts (GW), which is close to double the second-place Itaipu Dam.
In terms of annual output, the Itaipu Dam actually produces about the same amount of electricity. This is because the Parana River has a low seasonal variance, meaning the flow rate changes very little throughout the year. On the other hand, the Yangtze River has a significant drop in flow for several months of the year.
For a point of comparison, here is the installed capacity of the world’s three largest solar power plants, also as of 2021:
- Bhadla Solar Park, India: 2.2 GW
- Hainan Solar Park, China: 2.2 GW
- Pavagada Solar Park, India: 2.1 GW
Compared to our largest dams, solar plants have a much lower installed capacity. However, in terms of cost (cents per kilowatt-hour), the two are actually quite even.
Closer Look: Three Gorges Dam
The Three Gorges Dam is an engineering marvel, costing over $32 billion to construct. To wrap your head around its massive scale, consider the following facts:
- The Three Gorges Reservoir (which feeds the dam) contains 39 trillion kg of water (42 billion tons)
- In terms of area, the reservoir spans 400 square miles (1,045 square km)
- The mass of this reservoir is large enough to slow the Earth’s rotation by 0.06 microseconds
Of course, any man-made structure this large is bound to have a profound impact on the environment. In a 2010 study, it was found that the dam has triggered over 3,000 earthquakes and landslides since 2003.
The Consequences of Hydroelectric Dams
While hydropower can be cost-effective, there are some legitimate concerns about its long-term sustainability.
For starters, hydroelectric dams require large upstream reservoirs to ensure a consistent supply of water. Flooding new areas of land can disrupt wildlife, degrade water quality, and even cause natural disasters like earthquakes.
Dams can also disrupt the natural flow of rivers. Other studies have found that millions of people living downstream from large dams suffer from food insecurity and flooding.
Whereas the benefits have generally been delivered to urban centers or industrial-scale agricultural developments, river-dependent populations located downstream of dams have experienced a difficult upheaval of their livelihoods.
– Richter, B.D. et al. (2010)
Perhaps the greatest risk to hydropower is climate change itself. For example, due to the rising frequency of droughts, hydroelectric dams in places like California are becoming significantly less economical.
What are the Benefits of Fusion Energy?
One of the most promising technologies, fusion, has attracted the attention of governments and private companies.
What are The Benefits of Fusion Energy?
As the world moves towards net-zero emissions, sustainable and affordable power sources are urgently needed by humanity.
One of the most promising technologies, fusion, has attracted the attention of governments and private companies like Chevron and Google. In fact, Bloomberg Intelligence has estimated that the fusion market may eventually be valued at $40 trillion.
In this infographic sponsored by General Fusion, we discuss the benefits of fusion as a clean energy source.
The Ultimate Source of Energy
Fusion powers the sun and the stars, where the immense force of gravity compresses and heats hydrogen plasma, fusing it into helium and releasing enormous amounts of energy. Here on Earth, scientists use isotopes of hydrogen—deuterium and tritium—to power fusion plants.
Fusion energy offers a wide range of benefits, such as:
1. Ample resources:
Both atoms necessary for nuclear fusion are abundant on Earth: deuterium is found in seawater, while tritium can be produced from lithium.
Energy-dense generation like fusion minimizes land use needs and can replace aging infrastructure like old power plants.
There are no CO₂ or other harmful atmospheric emissions from the fusion process.
With limited expected regulatory burden or export controls, fusion scales effectively with a small land footprint that can be located close to cities.
5. Safety advantage
Unlike atomic fission, fusion does not create any long-lived radioactive nuclear waste. Its radiation profile is similar to widely used medical and industrial applications like cyclotrons for cancer treatment.
Fusion energy is on-demand and independent from the weather, making it an excellent option in a dependable portfolio for power generation.
Commercializing Fusion Energy
More than 130 countries have now set or are considering a target of reducing emissions to net-zero by 2050. Meanwhile, global energy demand is expected to increase by 47% in the next 30 years.
While renewables like wind and solar are intermittent and need a baseload source of clean energy to supplement them, fusion, when commercially implemented, could deliver clean, abundant, reliable, and cost-competitive energy.
General Fusion seeks to transform the world’s energy supply with the most practical path to commercial fusion energy. Click here to learn more.
You may also like
Misc2 days ago
Every Song With Over 1 Billion Spotify Streams
Spotify’s ‘Billions Club’ playlist tracks every song with over 1 billion streams. We took the data and broke it down by decade and artist.
Misc5 days ago
Countries with the Highest (and Lowest) Proportion of Immigrants
Here, we highlight countries that are magnets for immigration, such as UAE and Qatar, as well as nations with very few foreign born residents.
Datastream6 days ago
Visualizing the Five Drivers of Forest Loss
Approximately 15 billion trees are cut down annually across the world. Here’s a look at the five major drivers of forest loss. (Sponsored)
Personal Finance6 days ago
Ranked: The Best Countries to Retire In
Demographics4 weeks ago
Ranked: Gen Z’s Favorite Brands, Compared with Older Generations
Technology3 weeks ago
The Shrinking Trillion Dollar Market Cap Club
Markets2 weeks ago
Visualized: FTX’s Leaked Balance Sheet
Technology1 week ago
Visualizing the World’s Top Social Media and Messaging Apps
Politics4 weeks ago
Visualized: The Biggest Donors of the 2022 U.S. Midterm Elections
Misc3 weeks ago
Visualizing the Evolution of Vision and the Eye
Money3 weeks ago
The U.S. and China Account for Half the World’s Household Wealth