Health · Europa Today
News Article Published Sep 16, 2026 at 06:40 AM EDT updated Sep 16, 2026 at 07:27 AM EDT Americans are set to face a significant spike in gas prices on Wednesday and Thursday as the conflicts in Ukraine and Iran continue to squeeze global oil supplies, according to analysts. Tom Kloza, chief energy advisor at Gulf Oil, warned on Tuesday that the following 24 hours would bring "staggering increases at the pump for both gasoline and diesel." Fuel margins—the difference between what a petrol station or retailer pays for wholesale fuel and what they charge drivers at the pump—have "yet to catch up with previous wholesale hikes," Kloza wrote on X. "Watch for huge increases in Great Lakes and Rocky Mountain states in particular," he added.
Patrick De Haan, head of petroleum analysis at GasBuddy, issued a similar warning on Tuesday, writing on social media: "we've reached a new milestone—the U.S. average diesel price has hit $6.301/gal while gasoline is up to $4.355/gal. "I expect both of these to jump noticeably over the next 48 hours. diesel could hit $6.60/gal in a few days, surpassing the inflation-adjusted peak seen in 2022." The latest data from the American Automobile Association (AAA) shows that the national average price for gasoline was $4.37 per gallon on Wednesday, up from $4.33 per gallon on Tuesday and $4.22 per gallon a week earlier. Compared to a year earlier, the national average was up by more than a dollar, from $3.19 per gallon. ...
Drivers in California paid the highest price in the country, at $6.04 per gallon. In five other states—Washington, Hawaii, Nevada, Oregon and Alaska—the average was above $5 per gallon. Drivers paid the lowest price for gas in the country in Indiana, at $3.75 per gallon.
Compared to a year ago, prices in the state were up from $3.12. In only 10 states, including Indiana, statewide gas prices were below an average of $4 per gallon. These were Texas ($3.8788), Mississippi ($3.8955), Louisiana ($3.9278), Alabama ($3.9446), Arkansas ($3.9699), Kansas ($3.9733), Missouri ($3.9745), Kentucky ($3.9903) and Tennessee ($3.9970).
In 34 other states, the statewide average gas price was between $4 and $5 per gallon.
Source: Newsweek
