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Apr 03, 2026

For the first time in four years, national average exceeds $4/Gallon

Posted Apr 03, 2026 3:00 PM
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WASHINGTON, DC (April 2, 2026) – The national average for a gallon of regular exceeded $4/gallon this week for the first time since August 2022.

National Fuel Averages, April 2, 2026 (Courtesy AAA).png
National Fuel Averages, April 2, 2026 (Courtesy AAA).png

Today’s average of $4.08 is ten cents higher than last week and $1.08 higher than a month ago. Crude oil prices have been surging, surpassing $100/barrel, as the conflict in the Middle East continues and the Strait of Hormuz remains closed.

Kansas Fuel Averages, April 2, 2026 (Courtesy AAA).png
Kansas Fuel Averages, April 2, 2026 (Courtesy AAA).png

n 2022, gas prices remained elevated from March through August, peaking in June when the national average reached a record of $5/gallon for one week. 

Area Fuel Averages, April 2, 2026 (Courtesy AAA).png
Area Fuel Averages, April 2, 2026 (Courtesy AAA).png

According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 8.92 million b/d to 8.68 million.

Total domestic gasoline supply decreased from 241.4 million barrels to 240.9 million. Gasoline production decreased last week, averaging 9.6 million barrels per day.