Oil Prices Today: Why Gas Prices May Stay High This Month

Gas prices remain elevated and will likely stay high through May 2026 due to a severe disruption in global oil supplies.

Gas prices remain elevated and will likely stay high through May 2026 due to a severe disruption in global oil supplies.

Oil prices have surged dramatically due to escalating tensions with Iran, putting significant pressure on gas pumps across the United States.

WTI and Brent crude oil prices determine what you pay at the pump because crude accounts for roughly 50-60% of your final gasoline cost.

Yes, Middle East conflict poses a genuine threat to push gas prices significantly higher in 2026.

Rising crude oil prices will almost certainly push gasoline prices higher at the pump, potentially forcing national averages toward $4 per gallon in some...

Arizona drivers are watching oil prices because crude oil represents more than half the cost of every gallon at the pump, and Arizona imports nearly all...

As of May 2026, North Carolina motorists are paying an average of $4.13 per gallon for regular unleaded gasoline, significantly higher than the national...

Gas prices across Michigan continue to climb, with the statewide average hovering between $4.765 and $4.86 per gallon as of May 8-10, 2026.

Georgia drivers are paying an average of $4.09 per gallon for regular unleaded gasoline as of May 2026, with prices in the Atlanta metro area exceeding $4.

Chicago drivers are facing the shock of gas prices topping $5 per gallon for the first time in four years, with some neighborhoods experiencing prices...