The average cost of gas in the U.S. is $4.55 per gallon. Here’s how it’s impacting consumers. – CBS News Watch CBS News The average price of gas in the U.S. is now up to $4.55 per gallon, an increase of more than 50% since the war with Iran began. CBS News business analyst Jill … Read more
Gasoline prices across the U.S. surged to an average of $4.54 a gallon on Wednesday, the highest since July 2022, according to AAA data. The price of regular gas has jumped 52%, or $1.56 per gallon, since the start of the Iran war in late February, as disruptions to oil flows in the Middle East drive … Read more
The national average price of gas pushed higher Monday to $4.46 per gallon, as oil futures rose again after three days of declines, increasing the direct cost to consumers of the war with Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil rose over 4% … Read more
The national average gas price rose to a fresh wartime high of $4.39 per gallon in its biggest one-day jump since a ceasefire with Iran was announced on April 7. It was also the biggest one day jump since early March. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive … Read more
U.S. gas prices have hit a fresh record since the start of the war with Iran, rising to an average nationwide of $4.23 per gallon Wednesday, according to the motor club AAA. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The grim milestone comes as oil prices have … Read more
Drivers around the U.S. have seen some modest relief at the pump lately as gasoline prices retreat toward $4 a gallon. But motorists shouldn’t bank on fuel costs returning to where they were just before the Iran war anytime soon, according to experts. Mark Zandi, chief economist at Moody’s Analytics, doesn’t expect gas prices to drop … Read more
NEWYou can now listen to Fox News articles! Rep. Glenn Ivey, D-Md., is demanding consideration of a Democrat-led war powers resolution that would require President Donald Trump to pull U.S. armed forces out of hostilities with Iran. “I think it’s important for us to keep trying to push the issue forward, and eventually [Republicans] are … Read more
Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds – CBS News Watch CBS News A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins “The … Read more
Gasoline prices in the U.S., which have risen $1.16 a gallon since the start of the Iran war in February, could top $5 a gallon as soon as later this month if the Strait of Hormuz remains closed through mid-April, according to J.P. Morgan energy analysts. Higher prices at the pump could also consume “much or all” of … Read more
U.S. gasoline prices continue to inch higher, hitting $4.06 a gallon after crossing $4 on Tuesday, as the Iran war continues to drive up costs for American drivers. The average cost of a gallon of gas has jumped 36% since the war started, according to AAA. Gas climbed above $4 yesterday for the first time since August … Read more