National Average Price Of Gas Jumps Amid Iran/U.S. Tensions
Prices jumped after tensions with Iran increased after months of easing were erased due to recent attacks in the Middle East.
WTI crude has surged above $82 per barrel pushing national gas prices from $3.87 to over $4 per gallon in just one week.
Higher fuel costs force the fed to balance sticky inflation against recession risk, as energy ripples through trucking, manufacturing, and household budgets.
Gas had fallen to $2.98 per gallon before tensions with Iran increased after months of easing were erased due to recent attacks in the Middle East.