Map Shows Gas Price in Each State As Average Passes $4
Summary
The average gas price in the United States has risen above $4 per gallon due to renewed conflict between the U.S. and Iran, which has disrupted global oil supplies. Prices vary widely by state, with California having the highest average price and Indiana the lowest.Key Facts
- The U.S. national average gas price reached $4 per gallon, up from $3.87 a week earlier.
- Conflict between the U.S. and Iran, including the closure of the Strait of Hormuz, has caused a shortage of oil and higher fuel prices.
- California has the highest gas price at $5.50 per gallon; Indiana has the lowest at $3.35 per gallon.
- The Strait of Hormuz is a critical waterway that handles about 25% of the world’s oil shipments.
- President Donald Trump has urged gas stations to lower prices to around $2.50 per gallon and said the Justice Department will investigate possible price gouging by oil companies.
- The administration is considering ways to protect oil shipments through the Strait of Hormuz.
- Rising fuel costs are causing public concern about affordability and inflation in the U.S.
- Taxes and supply issues contribute to higher prices, especially on the West Coast where states rely more on Middle Eastern oil imports.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.