National, Natrona County average gas prices rise as Strait of Hormuz chokes oil supply

National, Natrona County average gas prices rise as Strait of Hormuz chokes oil supply

CASPER, Wyo. — National gasoline prices climbed to nearly $4 on average this week as the ongoing closure of the Strait of Hormuz chokes global oil supplies, pushing diesel to its highest level since 2022. The nation’s average price rose 2.4 cents over the last week to $3.95 per gallon, according to GasBuddy data compiled from more than 12 million individual price reports. The national average is up 97.9 cents from a month ago and 83.8 cents from…

Gas prices rise again amid supply disruptions

BALTIMORE, MD—The pace of rising gasoline prices slowed over the last week, but energy analysts warn that a $4 national average remains likely as geopolitical tensions continue to squeeze global oil supplies. The national average price of gasoline rose 2.4 cents per gallon over the last week to $3.95, according to data released Monday by GasBuddy. The figure represents a staggering 97.9-cent increase from just one month ago and an 83.8-cent jump…