Here's how much Americans are paying for gas as oil prices spike [View all]
Gasoline prices in the U.S. continued climbing on Monday after the U.S.-Israeli war with Iran temporarily pushed oil prices above $100 per barrel, the highest since 2022.
The average national cost of gas is now $3.48 per gallon, up 48 cents since last week and 58 cents from a month ago, according to data from AAA. That remains considerably lower than during the pandemic, when a disruption in oil supplies pushed the cost of regular gas up to $5.02.
Prices are currently highest in California, where drivers were paying an average of $5.20 per gallon on Monday morning, and in Washington state, where gas hit $4.63 per gallon. Kansas has the country's lowest average price, at $2.92 for a gallon of regular.
West Texas Intermediate (WTI), the U.S. benchmark, and Brent crude, the international benchmark, both jumped to nearly $120 a barrel early Monday. But WTI retreated to settle at $94.77 and then sank below $85 in the afternoon. Brent crude pulled back to settle at $98.96 and then continued dropping toward $95.
https://finance.yahoo.com/news/heres-much-americans-paying-gas-161322697.html
= new reply since forum marked as read