According to the American Automobile Association data report on March 7, the average national gasoline price reached $4.009 per gallon (about $1.06/ liter) on March 6, the highest since 2008.
Since late February this year, international oil prices have repeatedly hit the highs. As of March 4, light crude oil futures for April deliveries were priced at $115.68 and Brent crude futures were priced at $118.11. At the opening of the Asian market on March 7, the U.S. and Burundi crude oil futures rose more than 10%, of which Brent crude oil futures once approached $140.
The data shows that the current average U.S. gasoline price has risen sharply by 45 percent compared to the average oil price of $2.76 a gallon a year ago. Among them, oil prices in some states have reached as high as $5.29 per gallon (about $1.39/liter).
The American Automobile Association said that the current situation in Russia and Ukraine has brought concerns about energy blockages to the market, promoting the continuous rise in international oil prices and driving up US oil prices.
In this regard, Musk, CEO of tesla, a new energy vehicle company, also expressed his personal views. He said that natural gas and oil production capacity should be increased immediately, and special measures should be used in special periods. Even if this may have a negative impact on Tesla, the current sustainable energy decision cannot immediately make up for exports from Russia.
In the eyes of ordinary people, the increase in oil prices will be conducive to the development of new energy vehicle companies such as Tesla, but Musk's long-term analysis should increase production capacity to stabilize prices to cope with energy supply and demand problems, which is indeed unexpected.
According to global energy website Globalpetrolprices data, as of 0:00 on March 1, the average global oil price price was 1.27 US dollars / liter. The three locations with the highest global oil prices are Hong Kong, Norway and the Netherlands, where prices per liter of gasoline are $2.757, $2.349 and $2.313, respectively.