"The national average for a gallon of regular gasoline is now $4.02 - over a dollar more than before the war began. Prices vary from state to state due to factors ranging from nearby supply to differing tax rates."
"Since the U.S. and Israel launched a joint war against Iran on Feb. 28, the cost of crude oil has spiked and swung rapidly, causing deep supply chain disruptions and cuts from major oil producers across the Middle East."
"Higher gas prices are impacting consumers and businesses as many households continue to face wider cost of living strains. Many may be forced to cut their budgets in other places."
"A recent AP-NORC poll found that 45% of U.S. adults are 'extremely' or 'very' concerned about being able to afford gas in the next few months, up from 30% shortly after Trump won the 2024 presidential election."
The national average for a gallon of regular gasoline in the U.S. has reached $4.02, significantly higher than pre-war prices. The increase is attributed to the Iran war, which has disrupted supply chains and caused crude oil prices to rise. Some states have experienced even higher prices. The surge in gas prices is straining household budgets and could lead to increased costs for other goods and services. Concerns about affordability are rising among U.S. adults, particularly in the context of the upcoming midterm elections.
Read at Fast Company
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