U.S. Gas Prices: Cheaper Than Europe, Despite Global Tensions

0:00On April 22nd, American drivers are still scoring gas way cheaper than folks in most other rich countries, even with U.S. prices averaging around $4.00 a gallon. Most states sit below that mark, like Oklahoma at $332, Kansas at $343, and Texas at $356. High flyers like California at $583, Washington at $537, and Hawaii at $566, drag the national average higher. A huge chunk of that price gap boils down to taxes. Here, we pay just 60 cents a gallon in federal and state fuel taxes. Over in Europe, those taxes often eat up 50-60% of the total cost, funding public transit and government programs, while ours mainly. Fix highways. Plus, the U.S. pumps out more oil than anyone else now, cutting our reliance on imports and shielding us from some global shocks, unlike the 70s. Oil crises. Global tensions still bite though, with Iran issues pushing our

1:00prices to for your highs. Meanwhile, drivers in northern Mexico cross into Texas towns like El Paso and Brownsville to fill up cheaper here. California tax on extra environmental fees that bumped their costs, but prices could ease if talks heat up. President Trump mentioned a second round of U.S. Iran negotiations as soon as Friday, and Pakistan's mediating to restart peace efforts. Something. Worth watching at the pump. Stay informed with U.S. news today, AI-powered updates. I'm Corey with The Story.