Gasoline Prices Near Highest Level Ahead of Midterm Elections
· Telemundo McAllen (KTLM)
Gasoline prices in the U.S. have surged close to their highest levels of the year, averaging $4.46 per gallon, just 10 cents shy of the peak reached in May. Six states have prices exceeding $5, with California leading at $6.11. Diesel prices have also hit record highs, averaging $6.44 per gallon, a 71% increase since the start of the conflict with Iran. The rising costs are causing consumer frustration, especially as midterm elections approach. Analysts predict that unless diplomatic efforts succeed, oil prices could rise significantly, potentially reaching $120 to $150 per barrel due to ongoing geopolitical tensions.
AI summary · Source: Telemundo McAllen (KTLM) →
