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Prices at the pump hit $4 a gallon in all 50 states—just as summer driving season begins
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Prices at the pump hit $4 a gallon in all 50 states—just as summer driving season begins

This week marked a discouraging milestone for American motorists. The average gas price is now on the wrong side of the $4 mark in every state in the country, an increase that coincides with the start of the busy summer driving season, which kicks off on Memorial Day weekend.

GasBuddy, which tracks fuel pricing, said prices this summer could average $4.80 per gallon from Memorial Day through Labor Day, with the possibility of all-time highs if the Strait of Hormuz remains closed for a significant portion of the summer. The national average could easily exceed $5 later this summer if the war is still going.

Prices have spiked since early March because of the war in Iran and the effective closure of the strait, through which 20% of global crude oil volumes typically flow. Prices are the highest since 2022, when Russia invaded Ukraine, but that year costs also fell sharply by the end of the summer—a development that appears unlikely to be repeated in 2026.

Read more [paywall removed for Redditors]: https://fortune.com/2026/05/20/prices-pump-hit-4-gallon-50-states-summer-driving-season-begins/?utm_source=reddit/

fortune.com
u/fortune — 22 hours ago
▲ 21 r/GasPrices+1 crossposts

Belize with one of, if not the highest gas prices in central America hit with its 4th price hike this year😭😭

For reference, this is in belize dollars(roughly half of an American dollar) and in gallons - our minimum wage is 5 Belize dollars(2.50usd) an hour which is what the average person makes.

u/SpecialistEdge4761 — 1 day ago
▲ 269 r/GasPrices+1 crossposts

$50/gallon gas is better than 'woke' EVs

Dude was triggered by an off-peak rates power company ad for EVs.

Edited to add: I'm not James, but I get the feeling some people think I am? 🤔

u/jespcub — 1 day ago
▲ 16 r/GasPrices

trucks

Just curious I know it was painful when I filled up recently was wondering how people who are driving trucks are doing? How much does it cost to fill up now?

reddit.com
u/Ambitious_Screen_591 — 2 days ago
▲ 1 r/GasPrices+1 crossposts

Why is gas so expensive?

Basically what it says, if America is energy, independent, and a net exporter,” drill, baby drill” as our president said - then how is it that this conflict and Iran and the closure of Hormuz has driven gas prices to $7 where I live??

I understand “ Global market” and all but feels like a scam.

reddit.com
u/Leading-Stable9725 — 2 days ago
▲ 619 r/GasPrices+1 crossposts

It cost 100$ and 9 dollar a gallon to fill my Trueno with Premium in Belgium (Europe) I want to die

I can do 375 miles with one tank of gas.

u/sheppardpat47 — 3 days ago
▲ 41 r/GasPrices

Atkinson, IL

$4.89 seems high but the diesel! Other stations sell diesel for $5.29-$5.70.

Taken 5/20/2026

u/atomic_jarhead — 2 days ago
🔥 Hot ▲ 11.3k r/GasPrices+4 crossposts

THE TRUMP EFFECT

  • Regular gas: $3.13 per gallon → $4.59 per gallon
  • Electricity: 17.5¢ per kWh → 22.7¢ per kWh
  • Crude oil: $70 per barrel → $124 per barrel
  • Heating oil: $2.50 → $4.99
  • Coal: $116.35 per ton → $158.40 per ton
  • Beef: $5.50 per lb → $8.49 per lb
  • Bread: $2.00 → $2.69

Oil has traded above $100 per barrel in recent sessions amid supply pressures.

Higher energy and commodity prices have supported upstream producers such as ExxonMobil (XOM) and Chevron (CVX), both of which are up solidly year to date. The same environment has added cost pressure for households and some consumer-facing businesses.

Curious how others here are thinking about energy exposure or staples names with these input costs in mind. Bitget Get claw was predicting more volatility in the oil market so i setup with triggers for SL/TP turned on, waiting for the initial pullback...

Context:
https://www.usatoday.com/story/cars/news/2026/05/04/gas-prices-rise-all-50-states-highest-lowest/89929126007/

u/317cbass — 4 days ago