US Fuel Price Nears $4 Per Gallon
The average US fuel price reached $3.98 per gallon on Tuesday. One month ago, the price was $2.98 per gallon.
That is a rise of $1 in one month. A conflict between the US and Iran is pushing energy prices up. Higher fuel costs mean people pay more at the pump.
Klear Note — Gas prices affect what people pay to drive cars and heat homes. When global conflicts disrupt oil supply, prices rise quickly at gas stations.
Key Terms 2
- average fuel price the typical price most people pay for gas
- energy prices the cost of fuel and power used by people and businesses