US EditionU.S. National Average Gas Price Hits $4 a Gallon for First Time Since August 2022
AAA says the national average reached $4.02, while diesel climbed to $5.45 and analysts warned of higher grocery and freight costs.
- On Tuesday, March 31, 2026, the U.S. national average gasoline price rose to $4.02 per gallon, marking the first time prices exceeded $4 since August 2022, according to the American Automobile Association .
- Escalating conflict in the Middle East pushed crude above $100 per barrel as Iranian military forces effectively blocked the Strait of Hormuz, halting roughly 20% of global oil shipments.
- Diesel prices surged to $5.45 per gallon, creating significant cost burdens for freight-dependent businesses and supply chains that analysts warn could accelerate inflation for consumer goods.
- The International Energy Agency pledged to release 400 million barrels from emergency stockpiles, while the U.S. implemented a 60-day Jones Act waiver to facilitate fuel transport between ports.
- Energy analysts warn prices may remain elevated or approach $5 per gallon if the strait stays closed, despite President Donald Trump's threats to strike Iranian energy infrastructure to force a deal.
377 Articles
377 Articles
How could rising gas prices affect the EV market?
As the war in Iran drives gas prices skyward, some U.S. consumers are considering electric vehicles as a cost-saving measure. The national average gas price is now over $4 per gallon (and in some states over $5), according to AAA, which means many Americans are understandably looking for less expensive transportation modes. But not all experts believe this sudden spike in gas prices will automatically lead to a surge in the EV market.What did th…
Pain at the Pump: National Average Gas Prices Exceed $4 a Gallon
https://gasprices.aaa.com/ The national average price for a gallon of gasoline, as of today, has moved past $4 a gallon. According to AAA, the average U.S. price is $4.06 a gallon for regular. The Ohio average is $3.78 a gallon. Hardin County’s average price per gallon is at $3.60 a gallon. The cheapest in our region is in Allen County at $3.46 and the most expensive is in Union County at $3.92 a gallon. The national average for diesel is now $5…
By Chris Isidore, CNN - The average price of a gallon (3.78 liters) of regular gasoline in the U.S. rose nearly 5 cents to $4.06, according to the latest AAA reading. This is the largest daily increase in gasoline prices in more than two weeks. The rise came a day after the price topped $4 a gallon for the first time since 2022, and followed a week of fairly modest daily increases of fractions of a cent. The price hovered around $3.98 for nearly…
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