Gasoline Price in the US Exceeds $4.40 a Gallon: Why It Keeps Going up and up Until When
22 Articles
22 Articles
The average domestic price of gasoline reached $4.23 a gallon on Wednesday, April 30, a new record since the beginning of the war with Iran, according to AAA data. By the weekend of May 2, the average had already risen to $4.45 a gallon.Before the beginning of the conflict on February 28, the gallon cost $2.98 on average.The cumulative increase exceeds 50% in 60 days, the biggest fuel price shock since Russia invaded Ukraine in 2022.Why gasoline…
Although the country is one of the main actors in the war, the United States has an average gallon price lower than Colombia with US$4.46
Photo: Archived image of Depositphotos More than two months after starting the armed conflict with Iran, the price of gasoline in the United States in May 2026 went up several dollars on Monday, which caused it to exceed $4.45 per gallon, reported AAA, a public website that publishes daily prices nationwide, with information from the Petroleum Price Information Service (OPIS). According to specialists, the increase in the price of fuel is due to…
The average domestic price of gasoline rose Monday to $4.46 per gallon, while oil futures rebounded again after three days of falls, raising the direct cost to consumers for the war with Iran. U.S. crude oil rose more than 4% to exceed $105 per barrel in midday operations, while Brent, the international benchmark, advanced 5% to exceed $114 per barrel. Gasoline wholesale prices also jumped 4%. Since the beginning of the war with Iran at the end …
The average domestic price of gasoline rose Monday to $4.46 per gallon, while oil futures rebounded again after three days of falls, raising the direct cost to consumers for the war with Iran. U.S. crude oil rose more than 4% to exceed $105 per barrel in midday operations, while Brent, the international benchmark, advanced 5% to exceed $114 per barrel. Gasoline wholesale prices also jumped 4%. Since the beginning of the war with Iran at the end …
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