Gas
Monthly Gas Average
Regular gasoline and on-highway diesel prices have swung sharply since 2020, affecting household transportation costs and program delivery budgets.
Latest readings
Updated Jul 1, 2026
Regular gasoline
4.05
Jun
Diesel
5.02
Jun
Cause and Effect
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June 2026
An interim ceasefire and planned Hormuz reopening improved supplies, lowering fuel prices.
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April-May 2026
Prolonged Hormuz disruption tightened global fuel supplies, pushing gasoline and diesel higher.
- ↗North American fuel exports surge as Hormuz closure reshapes global trade: CERAhttps://www.spglobal.com/energy/en/news-research/latest-news/refined-products/042926-north-american-fuel-exports-surge-as-hormuz-closure-reshapes-global-trade-cera
- ↗Major oil companies reap massive profits as US and Iran fighting drives energy prices higherhttps://apnews.com/article/9375fbf8f6f40426f7428e07d54000c7
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March 2026
War and Hormuz shipping disruptions sharply raised crude, gasoline, and diesel prices.
- ↗Crude oil and petroleum product prices increased sharply in the first quarter of 2026https://www.eia.gov/todayinenergy/detail.php/detail.php?id=67424
- ↗Strait of Hormuz Diversions Hinder Oil Cargoes from Reaching Marketshttps://www.opis.com/resources/energy-market-news-from-opis/strait-of-hormuz-diversions-hinder-oil-cargoes-from-reaching-markets/