Map Shows Gas Prices in Each State as Rising Costs Loom Over Midterms
Summary
Gas prices in the United States have risen above $4 per gallon due to ongoing conflict in Iran, which affects oil supply through the Strait of Hormuz. The situation along with other factors like lower oil reserves and taxes in some states is causing higher fuel costs, which could influence voter sentiment before the midterm elections.Key Facts
- Nationwide average price for regular unleaded gasoline is $4.04 per gallon, up from $3.88 a month earlier.
- California has the highest gas price at $5.58 per gallon, followed by Hawaii ($5.54) and Washington ($5.15).
- Indiana has the lowest gas price at $3.52 per gallon, with Texas ($3.56) and Louisiana ($3.57) close behind.
- The Iran war has blocked the Strait of Hormuz, a key route for Middle Eastern oil, reducing supply and increasing prices.
- The U.S. Strategic Petroleum Reserve is below 300 million barrels for the first time since 1983 after a large release ordered by President Donald Trump.
- Gas prices change daily based on news about Middle East diplomacy and conflict developments.
- Fuel taxes in states like California contribute to higher prices there.
- Experts say progress toward peace or improved oil flow through the Strait of Hormuz could lower prices quickly.
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