US Edition
Gas Is up 27 Cents Since Sunday – Here’s Where It’s Even Worse
U.S. gasoline prices rose 27 cents to $3.25 per gallon due to Middle East conflict and seasonal supply shifts, with Arizona averaging $3.58, AAA reported.
- AAA reported that the national average price for a gallon of regular gasoline jumped 27 cents to $3.25, matching the last comparable weekly rise in March 2022.
- Rising crude prices, including about a $10 jump, are driven by the Middle East conflict pushing crude oil prices into the mid-$70/barrel range, with seasonal demand and summer-blend gasoline also raising costs.
- Arizona's average price is $3.58 after rising 32 cents last week, while Energy Information Administration data show demand fell to 8.29 million barrels per day, production averaged 9.3 million, and supply dropped to 253.1 million barrels.
- Drivers who rely on driving face heavier burdens as Pennsylvania drivers on March 6 paid $3.45, 34 cents higher, with New Jersey and Delaware averages at $3.20 and $3.25, Hussein Zohirodin said.
- Experts warn the outlook could worsen as Patrick De Haan, GasBuddy projects another 20 to 25 cents soon and OPEC+ plans a 206,000 bpd boost amid Strait of Hormuz risks and Brent crude over $92.
20 Articles
20 Articles
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The average price of a gallon of self-serve regular gasoline in Los Angeles County shot up 17.5 cents on Saturday, March 7, to $5.165, the largest one-day increase since the record 19.2-cent spike of Oct. 5, 2012. The Los Angeles County average price, which rose 11 cents on Friday, is the highest it’s been since May 20, 2024. It is 47.1 cents more than one week ago, 66 cents more than one month ago and 44.6 cents more than one year ago, accordin…
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