Gas prices increased five cents into Wednesday morning and topped a record high of $4.67 gallon, AAA data revealed.
As drivers are confronted with a 50 percent gas price increase from last year, 18 states are hovering around $5 per gallon.
JPMorgan Chase on May 18 raised concerns the national average price of gas could increase to $6 per gallon. California has already exceeded $6/gallon.
The soaring gas price has fueled President Joe Biden’s inflation.