The national average for a regular gasoline exceeded $4/gallon this week for the first time since August 2022, according to the latest data published today by AAA.**.

Today’s average of $4.08 is ten cents higher than last week and $1.08 higher than a month ago. Crude oil prices have been surging, surpassing $100/barrel, as the conflict in the Middle East continues and the Strait of Hormuz remains closed. In 2022, gas prices remained elevated from March through August, peaking in June when the national average reached a record of $5/gallon for one week,” AAA said.

Surging Gasoline Prices at a Glance
• Today’s National Average: $4.081
• One Week Ago: $3.981
• One Month Ago: $2.997
• One Year Ago: $3.238