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The average price of a gallon of gasoline has soared past $4, marking an increase not observed in over three years, according to the American Automobile Association (AAA) on Tuesday.
Fuel prices at stations nationwide have been climbing steadily since the onset of Operation Epic Fury on February 28.
The national average now hovers at $4.018 per gallon, a significant jump from $2.98 just a month ago, as highlighted by AAA.
This surge in prices is not uniform across the United States. In Texas, drivers are paying around $3.678 per gallon, while in California, prices are approaching a steep $5.89.
Meanwhile, motorists in Oregon and Nevada are also facing high costs, with prices nearing $5 per gallon as per the latest figures.
In New York and New Jersey, a gallon still costs less than $4 but prices are creeping up.
Gas prices in the Empire State have jumped from $3 to $3.94 in the last month.
It’s the first time gas prices per gallon have reached $4 since August 2022.
In June 2022, gas prices passed the $5 a gallon mark for the first time – just three months after Russia launched its illegal invasion of Ukraine.
Energy costs have soared due to Iran’s effective closure of the Strait of Hormuz – the waterway which around 20% of the world’s oil supply travels through.
The White House has always stressed that short-term energy price fluctuations was a price worth paying for peace.
“As for the temporary short-term fluctuation in gas prices, the president has said that once these combat operations are over, this administration is going to continue to unleash energy dominance,” Press Secretary Karoline Leavitt told reporters last week.
“We’re continuing to do that every day, and we’re going to see prices go back down at the pump as we have the past year because of this president.”
Earlier this month, President Trump wrote on Truth Social short-term oil prices would “drop rapidly” once “the destruction of the Iran nuclear threat is over.”
The White House has ordered 173 million barrels of oil from the Strategic Petroleum Reserve and is temporarily lifting restrictions on E10 and E15 gasoline.
Waivers, which come into force on May 1 and will remain in place until May 20, will allow gasoline blended with 15% ethanol to be sold.
“This emergency action will provide American families with relief by increasing fuel supply and consumer choice,” Lee Zeldin, the Environmental Protection Agency Administrator, said.