Gas prices spiked again as the war in Iran continues to drag on. Here's a look into why and how to save money when you fill up.
Gas prices spiked again as the war in Iran continues to drag on. Here's a look into why and how to save money when you fill up.The last time U.S. drivers were collectively paying this much at the pump was nearly four years ago following Russia’s invasion of Ukraine.
The price is a national average, meaning drivers in some states have been paying well over $4 a gallon for a while now.Just like the national average, prices for gas in the Greater Philadelphia region have seen about $1 increase over the last month. Iran’s stranglehold on the Strait of Hormuz, the waterway leading out of the Persian Gulf through which a fifth of the world’s oil is transported during peacetime, has driven up global oil prices, as have Tehran's attacks on regional energy infrastructure. Spot prices of Brent crude, the international standard, hovered around $107 a barrel on Tuesday, up more than 45% since the war started Feb. 28. Trump directed blame at U.S. allies like the United Kingdom and France that have refused to enter a war with no clear endgame that they were not consulted on. “You’ll have to start learning how to fight for yourself, the U.S.A. won’t be there to help you anymore, just like you weren’t there for us. Iran has been, essentially, decimated. The hard part is done. Go get your own oil!” Trump wrote.Where you buy your gas matters. NBC10 Responds took a look around and saw what influences how much you pay at the pump.One gas station in Fishtown was at $4.49 for a gallon of regular while drivers in Delaware and Montgomery counties are seeing an average of #3.95 to $4.25.GasBuddy also told NBC10 that the cheapest day to buy gas is typically on a Sunday while the most expensive days falling in the middle of the week.Use credit cards that give cash back or points when buying gas. Typically, never pick the first gas station you see because prices can vary wildly station to station.How you drive matters: Avoid speeding, braking suddenly or accelerating rapidly.New Jersey
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