How are gas prices are determined? https://t.co/A3ZEP3dgIQ — The Wall Street Journal (@WSJ) June 11, 2022According to AAA, California has the highest average price, at $6.43 -- up from $5.85 last month -- while Mississippi has the lowest average at $4.52. “It’s been kind of hard not being able to really be there,” James told The Wall Street Journal. Gas peaked at $4.11 a gallon in July 2008, which would be the equivalent of $5.40 a gallon today. “People are still fueling up, despite these high prices,” Andrew Gross, a spokesman at AAA, told The Wall Street Journal.

Source: Wall Street Journal June 11, 2022 11:59 UTC