AAA: Gas Prices Spike as Iranian Conflict Continues

According to AAA, today’s national average price for a gallon of regular gasoline is $3.19, which is 20 cents more than Monday  and 31 cents higher than a month ago. Some local areas have seen prices spike even higher.

The increase comes amid an increase in demand for gasoline and the ongoing conflict between the U.S. and Iran. On Tuesday, West Texas Intermediate crude oil ended the day at $74.56 per barrel after briefly hitting $77.33, a high that hasn’t been seen since in more than a year.

“Consumers should prepare in case gasoline prices rise even further,” said Jim Garrity, director of public affairs, AAA East Central. “At this point, all eyes are on crude oil, which accounts for 50 to 60 cents of each dollar you spend at the pump. Also, demand is increasing and refineries are beginning their annual transition to summer blend gasoline, which are both trends that typically push prices higher in the spring.”

AAA East Central reminds motorists about ways to improve fuel efficiency. Adopting responsible driving practices can contribute to significant savings at the pump and ease the financial strain of higher gas prices.

“One of the simplest ways to keep your fuel costs lower is to slow down, as speeding drastically decreases how efficiently your vehicle burns fuel,” Garrity continued. 

To improve vehicle gas mileage, AAA recommends the following tips.

The Daily Drive

Ownership, Maintenance, and Repairs

Finding the Best Gas Prices

By downloading the Auto Club app, motorists can find the least expensive gasoline near them.

AAA East Central is a not-for-profit association with 69 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members. Follow us on TwitterInstagram and Facebook. AAA East Central provides services to its members including Automotive, Insurance, Discounts & Rewards, Financial, and Travel. Find out more about AAA Membership and current savings here.

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