Gas price range: $2.79–$4.50+
US gas prices swung from $2.79 per gallon in January to over $4.50 in May, settling at $3.85 on Thursday amid US-Iran tensions.
Where this was said
Gas Prices Surge Amid US-Iran Tensions
At 1:45 · chapter starts 1:38
Few Americans feel geopolitical crises quite as immediately as when they pull up to a gas pump. Joe Hernandez's report translates the US-Iran military standoff into dollar-and-cent terms: AAA data shows the average gallon of regular unleaded sat at $3.85 on Thursday — a number that sounds almost moderate until you remember it was $2.79 just six months ago in January, and topped $4.50 in May [1] — Joe Hernandez "American gas prices have swung wildly — $2.79 in January, over $4.50 in May, and $3.85 now. Drivers are adapting by visiting stations more …" 01:45 . Personal finance experts warn the price seesaw adds real budgetary stress for households trying to plan ahead. And the behavioral data backs that up: the cashback app Upside tracked a March surge in gas prices and found drivers responding by making more frequent but smaller purchases — a classic anxiety-driven rationing behavior [2] — Joe Hernandez "The average cost of a gallon of regular unleaded was $3.85 on Thursday according to AAA, but that number surpassed $4.50 in May and was as …" 01:45 . The advice from experts? Budget for higher prices and use apps to scout the best deals before pulling into any station.
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