Skip to content
Back to Guavy Wire
Commodities

US Gas Prices Hit Record Highs Amid Ongoing Global Conflicts

Instruments
Oil
Share

Gas prices have increased across the country, with all but seven states seeing higher prices at the pumps. The national average for regular gasoline has risen to $4.10 per gallon, a three-cent increase from last week. In Oregon, the average price is $4.77 per gallon, up six cents from the previous week.

The elevated crude oil prices due to ongoing conflicts in the Middle East and Ukrainian attacks on Russian refineries continue to put upward pressure on pump prices. According to Marie Dodds, public affairs director for AAA Oregon/Idaho, 'As uncertainty in global energy markets continues, drivers can expect pump prices to remain elevated for this time of year.'

The national average is at its highest price ever for this time of year, surpassing the previous high reached in 2022. The Oregon average is also at its second-highest price ever for this time of year.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc