The national average has climbed to $3.98 per gallon, with California leading the pain at $5.81/gallon — the highest in the nation.
Key facts :
📈 Gas prices rose sharply from $3.53 (Mar. 12) to $3.81 (Mar. 19) — an 8% jump in just one week.
🌍 The surge follows rising oil prices tied to a widening conflict in the Middle East threatening global supplies.
💸 The most expensive states are California ($5.62), Washington ($5.15), and Hawaii ($5.07), while the cheapest is Oklahoma at $3.24.
🕰️ For context, the all-time record was $5.01/gallon in June 2022 — today's prices are still below that peak.
📊 GasBuddy had projected the 2026 yearly average to fall to $2.97/gallon, but rising geopolitical tensions are pushing prices well above that forecast.
Bottom line: Seasonal demand, Middle East tensions, and refinery transitions are all squeezing drivers at the pump right now. Analysts are watching whether prices stabilize or push toward the $4+ range nationally.
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