Gasoline Prices Surge Across the U.S. Amid Geopolitical Tensions and Seasonal Changes
Indiana and California experience the steepest hikes as global conflicts and refinery issues propel costs.
- Indiana and California lead the U.S. in gasoline price increases, with Indiana seeing a 19-cent rise and California prices soaring over 50 cents in a month.
- Geopolitical tensions, including the Russia-Ukraine conflict and Middle East instability, significantly impact oil prices and subsequently gas costs.
- Refinery maintenance and the switch to more expensive summer gasoline blends are contributing to the rising prices at the pump.
- Experts predict further increases due to sustained high demand and ongoing international conflicts.
- The national average for gasoline has risen to $3.63, with California experiencing the highest state average at $5.41.