@ialchemy: Why is gas so expensive right now? The U.S. average is $4.35/gal, up $1.23 from a year ago ($3.12) and above Oct 2022 ($3.78). In March, Brent crude jumped from ~$71 to $111+ as hostilities cut Middle East oil flows. Diesel is $6.20 (+67%), and East Coast diesel stocks are 32% below normal. Crude is about half of every gallon. EIA expects gas to average just under $3.60 in 2027. Follow @iAlchemy for more 🧪 #gasprices #gas #oil #economy #inflation

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Thursday 15 October 2026 23:00:00 GMT
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