Gas Prices Unlikely to Fall Below $4 a Gallon Before Midterms, some Experts Say
AAA data show the national average at $4.27 a gallon, with analysts blaming Middle East unrest and Russia-Ukraine disruptions.
- U.S. gas prices will likely remain above $4 a gallon through the midterms, with the national average at $4.27, reflecting a 43% increase since the Iran war began in February.
- Geopolitical tensions in the Middle East have disrupted oil supplies; the Islamic Revolutionary Guard Corps Navy attacked four vessels in the Strait of Hormuz on Thursday, while Houthi strikes on Saudi Arabia damaged energy infrastructure.
- Tom Kloza, chief energy advisor at Gulf Oil, told Money that ongoing supply constraints and high transport expenses are offsetting typical seasonal relief, keeping prices elevated.
- The U.S. Energy Information Administration expects prices to gradually decline in coming months, potentially falling below $4 in December, though Gulf Coast refineries may see more substantial relief than Western states.
- GasBuddy Petroleum Analyst Patrick De Haan remains cautious about year-end predictions, estimating prices around $4.11 by late December, as tight gasoline supplies could limit expected declines despite gradual recovery assumptions.
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Gas Prices Expected to Remain Above $4 Through Midterm Elections as Iran War Disrupts Oil Markets
U.S. gasoline prices are expected to remain above $4 per gallon through the Nov. 3 midterm elections, with analysts warning that Middle East instability and ... The post Gas Prices Expected to Remain Above $4 Through Midterm Elections as Iran War Disrupts Oil Markets first appeared on [your]NEWS.
Gas prices unlikely to fall below $4 a gallon before midterms, some experts say - Regional Media News
High gas prices continue to weigh on wallets as voters list affordability as a top concern ahead of early November's midterm elections. The national average price of a gallon of gas stands at $4.27, marking an increase of nearly $1.30, or 43%, since the outbreak [...]
Gas prices unlikely to fall below $4 a gallon before midterms, some experts say
A customer stands at a gas station on Oct. 17, 2026, near Fresno, California. (Mario Tama/Getty Images) High gas prices continue to weigh on wallets as voters list affordability as a top concern ahead of early November’s
Gas prices unlikely to fall below $4 a gallon before midterms, some experts say - The Pulse of NH
A customer stands at a gas station on Oct. 17, 2026, near Fresno, California. (Mario Tama/Getty Images)High gas prices continue to weigh on wallets as voters list affordability as a top concern ahead of early November's midterm elections.The national a...
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