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Gas Prices up Nearly a Dollar From Before Iran War as Nationwide Climb Toward $4 Average Continues
The national average gas price rose to $3.91 per gallon, nearly $1 higher than last month, due to disruptions in Middle East oil supply and increased spring travel demand, AAA said.
- Gasoline prices are inching closer to the $4 mark as the national retail average reached $3.912 amid global oil disruptions.
- Following the closure of The Strait, Iranian Brig Jabbari threatened to set fire to ships attempting passage, effectively closing the waterway.
- Crude oil has surpassed $100 per barrel in recent weeks, driving Prices higher while AAA reports increased consumer Demand for spring travel.
- The International Energy Agency plans to release 400 million barrels, including more than 170 million from strategic reserves, to offset rising oil costs.
- Beyond Gasoline, rising costs affect supply chains as Diesel and Air travel expenses climb, driven by Strait of Hormuz disruptions and oil price surges.
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16 Articles
16 Articles
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Gas prices up nearly a dollar from before Iran war as nationwide climb toward $4 average continues
Here’s a look at the latest gas price trends as costs rise across the U.S., with some states already seeing averages well above the national rate. (AP Photo)
·Sacramento, United States
Read Full ArticleSan Diego gas prices continue their climb amid rising global oil prices
If you’ve been to a gas station lately, you know prices shot up. In California, we already paid the highest prices in the nation for gas, and it’s only been getting worse since the conflict in the Middle East began. “Today we are paying an average price of $5.61,” said AAA’s San Diego spokesperson, Annleyn Venegas. “That's 25 cents more from a week ago and 96 cents higher than this time last year."Venegas said nationwide prices are inching up to…
Coverage Details
Total News Sources16
Leaning Left2Leaning Right0Center12Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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