National average gas price hits $5.01, the highest ever

The average price of a gallon of gasoline in the U.S. is officially beyond the $5 mark, according to AAA fuel price data. As of today, Monday, June 13, the national average is $5.01. What a great time to buy a new 2023 Cadillac Escalade V, right?

This is the highest national average reported since AAA began collecting data in 2000. We knew this day was coming as fuel neared the $5 mark last week, and a final 15-cent surge from last Monday to today has resulted in the country hitting that mark. Compared to one year ago, fuel is $1.94/gallon more expensive.

As always, average prices are vastly different state-to-state. California is sporting the highest average at $6.44/gallon, and Georgia has the cheapest fuel, averaging just $4.48/gallon. We’re nearing a point where half the country’s states are averaging at least $5/gallon, too — as of Monday, 22 states are rocking an average price of $5 or more.