US gasoline prices to rise
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The attacks on Iran are already sending gasoline prices higher, and even steeper increases are probably coming soon.
Average US retail gasoline prices crossed $3 a gallon for the first time since November on Monday as the conflict in the Middle East worsened, setting up a key test of public approval of President Trump’s decision to attack Iran,
Gasoline prices nationwide and in the D.C. area are beginning to show signs of spiking. They’re up nearly 9 cents in the last week, depending on the region of the country you’re in, according to gasoline market tracking firm GasBuddy.
The nation’s average price of gasoline has risen 2.6 cents over the last week and stands at $2.84 per gallon, according to GasBuddy data compiled from more
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US supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California, a state battling shrinking fuelmaking capacity and high pump prices.
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Gasoline prices are set to rise above $3 a gallon after conflict broke out in the Middle East. Patrick De Haan, head of petroleum analysis for GasBuddy, expects the national average to break above $3 a gallon again,