Average U.S. Gas Price Exceeds $4 in Every State
The national average reached $4.56 per gallon on May 20. Prices rose after the closure of the Strait of Hormuz amid the war in Iran.
newser.comU.S. state. 14 a year earlier.
01 per gallon. 15, the only state above $6. Alaska, Hawaii, Illinois, Nevada, Oregon, and Washington also averaged above $5 per gallon. California’s prices reflect stricter environmental standards and limited pipeline access.
GasBuddy reported that prices have risen since early March due to the war in Iran and the closure of the Strait of Hormuz, which normally carries 20% of global crude oil volumes. 80 per gallon from Memorial Day through Labor Day. Patrick De Haan, head of petroleum analysis at GasBuddy, said Americans will pay billions more for summer travel and that full price recovery could take a year or more after the strait reopens.
GasBuddy stated that the number of Americans planning summer road trips has fallen nearly 70% from last year. About 56% of Americans still intend to take at least one road trip. Some states have suspended gas taxes, and federal discussions on relief measures are underway. President Donald Trump told reporters the administration is in the final stages of negotiations with Iran.
Key Facts
Story Timeline
3 events- May 20, 2026
National average gasoline price reached $4.56 per gallon.
1 source@FortuneMagazine - Early March 2026
Prices began rising after the Strait of Hormuz closed.
1 source@FortuneMagazine - May 20, 2026
Georgia and Mississippi recorded the lowest state averages at $4.01.
1 source@FortuneMagazine
Potential Impact
- 01
Summer road-trip plans fell nearly 70% compared with last year.
- 02
Some states suspended gas taxes to reduce consumer costs.
- 03
Federal discussions on additional relief measures are underway.
Transparency Panel
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