Gas prices in the US have jumped above $4 a gallon for the first time since 2022. According to AAA, the national average is now $4.02, up more than $1 since early March.
Key takeaways
Quick scan — what you need to know:
- Gas prices in the US have jumped above $4 a gallon for the first time since 2022.
- According to AAA, the national average is now $4.02, up more than $1 since early March.
- This sharp spike marks the fastest monthly jump in over five years.
- The ongoing Iran conflict is pushing crude oil above $100, tightening supply fast.
Background
What led here, in plain terms:
- Drivers in California now pay nearly $6, while Kansas remains among the cheapest.
- Fuel costs are rising everywhere.
- Household budgets are under pressure.
- Experts warn inflation could rise next.
Why it matters
Why readers and decision-makers should care:
- Fuel costs are rising everywhere.
- Household budgets are under pressure.
- Experts warn inflation could rise next.