Gas Prices Are Spiking Dramatically. A Few Quick Tricks Can Save You Money at the Pump [CNET News]
Exxon Mobil Corporation (XOM)
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Source: CNET News
The ongoing military conflicts in Iran and the Middle East have caused gasoline prices around the world to rise since the airstrikes began on Feb. 28. The US national average is now about $1.06 per gallon more than it was this time last year, and the biggest price hikes may still be yet to come. This morning, gas price expert Patrick De Haan posted on X that the US national average gas price could "quickly hit $4.50/gal." He followed that up shortly after with an all-caps post on Bluesky claiming, "THE HIKES ARE STARTING." Gas prices are also fluctuating due to the shift between winter and summer fuel, which is more expensive but yields a higher mileage per gallon. According to the NACS trade association, the switch to summer fuel occurs between March and May, with the deadline for retailers to make the switch being this Friday, May 1. Although prices at the pump are soaring, there are tried and true ways to save money when filling up your gas tank. We've rounded up some expert
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