Gas prices are up 26 cents since last week, GasBuddy finds
#gas prices #GasBuddy #fuel costs #price increase #consumer spending
📌 Key Takeaways
- Gas prices increased by 26 cents per gallon in the past week
- GasBuddy reported the rise in fuel costs
- The jump marks a significant weekly surge
- Consumers face higher expenses at the pump
📖 Full Retelling
Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.
🏷️ Themes
Fuel Costs, Consumer Impact
📚 Related People & Topics
GasBuddy
Tech company
GasBuddy is a technology company headquartered in Dallas, United States, that offers mobile applications and websites for tracking crowd-sourced locations and prices of gas stations and convenience stores in the United States and Canada. Their platforms offer information sourced from users, gas stat...
Entity Intersection Graph
No entity connections available yet for this article.
Mentioned Entities
Original Source
MoneyWatch Gas prices are up 26 cents since last week. Here's how much Americans around the U.S. are paying. By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham March 5, 2026 / 1:01 PM EST / CBS News Add CBS News on Google The Iran war continues to push up prices at the pump, with U.S. consumers now paying about 26 cents more per gallon to fuel their cars than a week ago, according to new data from GasBuddy. As of Thursday morning, the average gasoline price was $3.246 per gallon, the highest level since April 2025. The uptick represents an "unusually strong weekly climb," according to Patrick De Haan, a petroleum expert at GasBuddy. The average price per gallon is similar to data from AAA, which shows gasoline prices hovering around the same level. Diesel prices have also climbed, rising 40 cents over the last week, according to GasBuddy. After sliding for months, gas prices dipped below $3 in December, only to rise again as the conflict between the U.S. and Iran intensified. "Oil prices have been creeping up on the possibility of attacks," De Haan told CBS News. "The actual attacks themselves, obviously, are a major escalation." De Haan expects the price of gasoline to rise by another 10 to 15 cents per gallon over the next week. After that, the pace of price hikes should start to moderate, he added. It could, however, take longer for diesel prices to cool because inventory is tighter, he said. The average price of diesel climbed to $4.124 per gallon this week, the highest level since December 2023, according to GasBuddy. Why are prices rising so sharply? Gas prices are ticking higher as the Iran war constrains global oil supply . Shipments through the Strait of Hormuz have stalled, while retaliatory attacks through the Middle East have dented oil production. The U.S. is ...
Read full article at source