Gas Hits $4.30 a Gallon as Iran Tensions Persist, Trump Sees Prices Falling After War

TL;DR Summary
AAA reports the US average price for gasoline at $4.30 per gallon, up about 27 cents in a week amid Iran tensions and a Strait of Hormuz blockade. Prices are roughly $1.12 higher than a year ago as crude stays above $100/barrel, with California topping $6.00. President Trump says pump prices will drop once the war ends, even as the ceasefire hasn’t immediately reduced costs and Iran denies seeking a nuclear weapon.
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- The U.S. produces the most oil in the world. So why are gasoline prices so high? MarketWatch
- Californians now paying 6 bucks a gallon for kicks on Route 66 Reuters
- Volatile gas industry causes headache for Metro Detroit gas station owners CBS News
- When will gas prices go down in Ohio? Timeline for when prices may drop The Columbus Dispatch
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