Gas Is over $4 a Gallon at some Stations in North Texas
GasBuddy expects prices to reach $4.30 a gallon as supply risks in the Strait of Hormuz keep pressure on crude markets, analysts said.
- On Wednesday, the nationwide average for regular gasoline climbed to $4.23 per gallon, marking a wartime high for U.S. consumers, according to the American Automobile Association .
- Ongoing conflict in the Middle East has paralyzed global oil shipping through the Strait of Hormuz, where a fifth of the world's oil transited before the Iran War began.
- California drivers face the nation's highest average price at $5.983 per gallon, while Midwest refinery utilization dropped to 89.1% due to production curtailments.
- More than half of registered voters blame President Trump "a lot" for rising gas prices, according to a Reuters/Ipsos poll released Tuesday showing his approval rating at a second-term low.
- Energy Secretary Chris Wright said the administration wants U.S. refineries to ramp up production, noting the EPA recently issued an emergency waiver for year-round E15 sales to boost supplies.
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U.S. gas prices at 4-year high as oil exports hit new record
(The Center Square) - United States gasoline prices pushed higher for the sixth consecutive day Wednesday, reaching $4.23 a gallon, as federal data released midmorning showed domestic inventories of crude oil and motor fuels fell for the 12th week in…
The price of gasoline exceeded $4.23 per gallon in the US, its highest level since the beginning of the war with Iran
US Gas Prices Surge to a 4-Year High as Iran Stalemate Drags On
Gas prices surged to their highest levels in nearly four years as negotiations to end the war between the United States and Iran remain deadlocked. The average cost for a gallon of regular now stands at $4.23 and experts warn the timing couldn’t be worse with the summer travel season just weeks away. NBC’s Christine Romans reports for TODAY.
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