Overview
- The national average for regular gasoline rose to $4.164 per gallon, marking the tenth consecutive daily increase, according to AAA.
- Prices are up about 10 cents over the past week and roughly 71 cents from a month ago, rebounding from a five-year low of $2.79 on Jan. 12 and passing $4 by March 31.
- Regional gaps remain wide, with California averaging $5.934 per gallon while Oklahoma is lowest at $3.431.
- Coverage links the surge to winter storms that disrupted refineries in late January and to the Iran conflict that intensified with Operation Epic Fury on Feb. 28, with prices still rising after a reported ceasefire.
- Oil prices fell below $100 per barrel after the ceasefire, and some experts say gas prices could start to ease this week.