US Gas Prices Soar to New Mid-Year High Amid Ongoing Strait Disruptions
The national average price for regular gas has reached its highest level ever at this time of year, surpassing $4.07 per gallon according to AAA.
The Oregon average price is also at its second-highest mid-August price since 2022, at $4.72 per gallon.
Elevated crude oil prices and the ongoing closure of the Strait of Hormuz continue to put upward pressure on pump prices.