Gasoline Prices Jump 27 Cents In A Week. Trump Looks For Remedies

War-Related Spike

The AAA reports a Jump at the Pump spike in gasoline prices.

The national average for a gallon of regular gasoline jumped nearly 27 cents since last week to $3.25. The conflict in the Middle East has sent crude oil prices higher to the mid $70/barrel range. The recent increase puts the national average at the same price as it was in early April of 2025. Springtime typically sees higher gas prices as gasoline demand rises and summer-blend gasoline production begins. The last time the national average made a similar weekly jump was back in March of 2022 during the start of the Russia/Ukraine conflict.
At the close of Wednesday’s formal trading session, WTI rose 10 cents to settle at $74.66 a barrel. The EIA reports crude oil inventories increased by 3.5 million barrels from the previous week. At 439.3 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.

National Average Prices

Today: $3.251
One Week Ago: $2.983
One Month Ago: $2.891
One Year Ago: $3.107

$WTIC West Texas Intermediate Crude

Oil spiked to 82 then settled at 78 on news Trump is looking for solutions.

Shipping Rates for Liquid Natural Gas

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$200 Oil?

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India May Turn Back to Russia

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Bahrain Petroleum Company

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Trump Flashback

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“Think of it: We’ve spent $8 trillion in the Middle East, and we’re not fixing our roads in this country? How stupid — how stupid is that? And we’re not fixing our highways, our tunnels, our bridges, our hospitals even, our schools even? It’s crazy.”

Donald Trump, 4/30/2020

A War Without a Strategy

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Not Going to Start a War

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Don’t Worry, It’s Not a War

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Three Amazon Data Centers Hit

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I’m sure glad this isn’t a war. Who knows what might happen then.

Just chill until there’s an actual war.