U.S. Drivers Face Soaring Fuel Costs as Gas and Diesel Prices Rise
Gas and diesel prices surge, with experts warning of prolonged high costs due to global conflicts and supply issues.
POLICY WIRE — Washington, D.C. — U.S. drivers are experiencing a sharp increase in fuel costs as both gasoline and diesel prices climb, fueled by ongoing geopolitical tensions and supply chain disruptions.
The national average for gasoline reached $4.44 per gallon, an increase of 7 cents overnight, according to AAA, marking a nearly 50% rise since the start of the Iran conflict in February. Meanwhile, diesel hit a record high of $6.40 per gallon, up 77 cents since September, with some states like California seeing prices exceed $8.35.
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Energy experts warn that prices could continue rising, citing factors such as the Russia-Ukraine war, Houthi attacks in the Red Sea, and reduced refining capacity. Patrick De Haan of GasBuddy predicts gas could reach $4.50 this week, while diesel may approach $6.60 by the weekend. With global oil supplies strained, consumers face long-term financial pressure, especially in regions reliant on heating oil for winter.
Reporting by Policy-Wire (PW)





