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Andreas Steno Larsen: U.S. gasoline prices up $0.93 with California reaching $5.69 a gallon
U.S. national average gasoline prices have risen by $0.93, or 31 percent, since the war began, according to Andreas Steno Larsen. The average price for unleaded 87 octane gasoline is now $3.93 per gallon nationally, with California seeing the highest average at $5.69 and San Francisco even higher at $5.86 per gallon.
These figures are based on data as of March 21. The lowest known price is also noted via an external link.
The current surge in gasoline prices underscores broader patterns Andreas Steno Larsen has analyzed, particularly the impact of shifting commodity markets, as seen during the period when U.S. oil prices fell 15 percent to $80 per barrel. These market movements, coupled with prevailing narratives, highlight the importance of scrutinizing consensus views—a theme also explored in Larsen's assessment of contrarian signals in financial market commentary.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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