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Gas prices ‘likely’ to shatter record of $5.03 a gallon this summer, experts warn

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Gas prices ‘likely’ to shatter record of $5.03 a gallon this summer, experts warn
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Experts predict that gas prices in the U.S. could exceed the record high of $5.03 per gallon this summer. The forecast is influenced by the ongoing closure of the Strait of Hormuz amid tensions between the U.S. and Iran. Many Americans are reconsidering their travel plans due to rising fuel costs.

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Original publisherNew York Post
Canonical URLhttps://nypost.com/2026/05/20/us-news/gas-prices-likely-to-hit-record-highs-this-summer/
Publication timeWed, 20 May 2026 18:50:47 -0400
Retrieval time2026-05-20T22:55:03.053Z
Last seen2026-05-20T23:10:42.374Z
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Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
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Clusterl9uwrwJUFi_-
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

US News Gas prices ‘likely’ to shatter record of $5.03 a gallon this summer, experts warn By Alex Oliveira Published May 20, 2026, 6:50 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Drivers could be in for pain at the pump during the busy summer travel months, with an average of $4.80 per gallon or higher expected between Memorial Day and Labor Day. The dire forecast, from gas-tracking service GasBuddy released Wednesday, comes as the Strait of Hormuz remains shut as the US and Iran maintain a tenuous cease-fire in the Middle East. GasBuddy cautioned the national average could continue ticking up — beyond the record of $5.03 per gallon set in summer 2022 when Russia’s invasion of Ukraine rocked oil markets.

Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.

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