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U.S. Gas Prices Top $4 a Gallon

financeMar 31, 2026

The U.S. average price for a gallon of regular gasoline rose to $4.02, the highest level since 2022. Prices surged as global fuel markets tightened amid the Iran war and broader Middle East tensions, producing the largest monthly increase AAA has ever recorded. Higher pump costs are squeezing household budgets and increasing political pressure ahead of the 2026 midterm campaigns. Arizona lawmakers and Senator Ruben Gallego are pushing the EPA for a summer fuel blend waiver to cut prices about 40 to 50 cents per gallon.

Key Highlights

National average for regular gasoline hit $4.02 per gallon, highest since 2022.
AAA recorded the largest monthly jump in gasoline prices on record.
Arizona lawmakers seek an EPA waiver to cut prices 40 to 50 cents.
3 sources
cnbc.comAs gas prices top $4 a gallon, financial advisors share advice for clients to 'turn a frustrating line item into meaningful rewards'huffpost.comGas Prices Eclipse $4 A Gallon In The US, The Highest Since 2022mediaite.comTrump Insists Gas Prices Dropping 'Soon' After Historic Rise

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