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Gasoline Prices Skyrocket to New High: Map Shows Averages Across Country

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#gasoline prices#inflation#energy markets#aaa data#u.s. economy
Gasoline Prices Skyrocket to New High: Map Shows Averages Across Country
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The average price of gasoline in the U.S. has risen to $4.18 per gallon, the highest level in nearly four years, according to AAA data, driven by global tensions and supply concerns. Prices have increased over the past week and year, with regional disparities showing the highest costs on the West Coast and Northeast. The spike has become a political issue, with public opinion divided along party lines over responsibility. The White House attributes the rise to short-term disruptions and asserts that prices will eventually decline as global conditions stabilize.

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Newsweek
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By Anna CommanderDeputy News EditorShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.The average price of gasoline in America has spiked to its highest level in roughly four years, with the national average for regular hitting about $4.18 a gallon, according to data from AAA. The new high comes as negotiations over Iran and reopening the Strait of Hormuz continue.The AAA national average stood at $4.176 on Tuesday, up from $4.111 a day earlier and $4.022 a week earlier, the data shows.Why It Matters A recent poll from Reuters/Ipsos indicated that over half of Republicans blame President Donald Trump for the spike in gasoline prices, as the Republican Party’s support of the…

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