US Edition
U.S. National Average Gas Price Hits $4 a Gallon for First Time Since August 2022
- On Tuesday, March 31, 2026, the U.S. national average gasoline price rose to $4.02 per gallon, marking the first time prices exceeded $4 since August 2022, according to the American Automobile Association .
- Escalating conflict in the Middle East pushed crude above $100 per barrel as Iranian military forces effectively blocked the Strait of Hormuz, halting roughly 20% of global oil shipments.
- Diesel prices surged to $5.45 per gallon, creating significant cost burdens for freight-dependent businesses and supply chains that analysts warn could accelerate inflation for consumer goods.
- The International Energy Agency pledged to release 400 million barrels from emergency stockpiles, while the U.S. implemented a 60-day Jones Act waiver to facilitate fuel transport between ports.
- Energy analysts warn prices may remain elevated or approach $5 per gallon if the strait stays closed, despite President Donald Trump's threats to strike Iranian energy infrastructure to force a deal.
365 Articles
365 Articles
Pain at the Pump: National Average Gas Prices Exceed $4 a Gallon
https://gasprices.aaa.com/ The national average price for a gallon of gasoline, as of today, has moved past $4 a gallon. According to AAA, the average U.S. price is $4.06 a gallon for regular. The Ohio average is $3.78 a gallon. Hardin County’s average price per gallon is at $3.60 a gallon. The cheapest in our region is in Allen County at $3.46 and the most expensive is in Union County at $3.92 a gallon. The national average for diesel is now $5…
US Gas Prices Surge Past $4 Per Gallon Amid Iran War, Highest Level Since 2022
US gas prices have surged past $4 a gallon, the highest since 2022, due to the Iran war disrupting global oil supplies and production, with the national average reaching $4.02, over a dollar more than before the conflict began.
The average price of gasoline in the United States reached $4 a gallon, the highest since 2022, after the war in Iran essentially halted oil tanker traffic through the Strait of Hormuz, CNN reported today.
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