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Aaa Data

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Gas prices spike to four-year high as Iran talks stall
business1 month ago

Gas prices spike to four-year high as Iran talks stall

US national average gasoline prices rose to about $4.18 per gallon, the highest since 2022, as negotiations with Iran stalled and fears of a prolonged global energy crisis grew amid the Iran-Israel conflict; AAA data shows prices up roughly $1.19 per gallon since late February, with Brent crude around the low $110s and expectations of sustained higher energy costs.

"Rapid Surge: California Gas Prices Set to Reach Record Highs"
economy2 years ago

"Rapid Surge: California Gas Prices Set to Reach Record Highs"

Gas prices in California are nearing $7 per gallon at some pumps, with the average cost at the pump in the state being $6.032, the highest in the nation. Refinery outages, including power outages caused by Hurricane Hilary and problems at Chevron refineries, along with scheduled maintenance at the PBF Torrance refinery, have contributed to the increase in prices. Meanwhile, the national average for a gallon of gas is $3.835, with Mississippi having the lowest state average at $3.255.