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Gas Prices Surge, Nearing Record High

Published 1 week, 1 day ago
Description

Gas prices soar across the US, reaching four dollars eighteen cents per gallon in late March, with Arizona leading the surge at four dollars sixty-eight cents. This surge is linked to Irans Strait of Hormuz blockade following US and Israel strikes. Phoenix area prices are inching closer to last summers highs, with Scottsdale and Phoenix proper averaging around four dollars ninety-seven cents. Stay tuned for the next pump check as prices could tighten the margin further if tensions in the Gulf escalate.

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