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Georgia Gas Hits $4.05 as Iran War Drives Prices

5/9/2026

33 4 Full Breakdown

Summary

Georgia Gas Prices Surge

Georgia gasoline prices rose above $4 per gallon, hitting $4.05, after the Iran war disrupted oil flow through the Strait of Hormuz.
Diesel rose nearly 10 cents in a day but stays 11 cents lower than a month ago, the 33-cent gas tax suspension by Gov. Brian Kemp ending in May.
Ride-share driver Nassir Johnson now spends $60-$80 daily on gas, $30-$40 more, adjusting his schedule to avoid traffic.

Summary

Gas Prices Soar

Gasoline price rose above $4.50 per gallon, a 50% increase since U.S. and Israel began the war.
NBC News will update gas-price data and reports Senator Bernie Sanders posted that prices rose from $2.98 to $4.55 a gallon after President Donald Trump launched the war on Iran Feb. 28.
Sanders called the war unconstitutional, demanded an immediate end and said funds should go to American needs, while Pakistan mediates a cease-fire.

Summary

Americans Expect Rise

A May 2026 ABC News/Post/Ipsos poll found 50 % of Americans expect gas prices to rise and 44 % have reduced driving, especially among households earning under $50,000.
Bank of America data for March shows low-income families spend 4.2 % of income on gasoline versus 2.7 % for wealthier households.
61 % of Americans view President Donald Trump’s decision to go to war with Iran as a mistake, which could influence the midterm elections.

Summary

Straub Urges Competition

Dr. Larry Straub said only competition among Wichita gas stations could lower prices despite falling oil costs.
He warned owners are hesitant to cut pump prices because market unpredictability persists after the Iran war.
Straub said the situation will increase pressure on Republicans and U.S. President Donald Trump to end the conflict by May or early June.
Kyle Severson said he must overhaul his budget to afford a $4-per-gallon tank.

History

Historical Context

In October 1973 OAPEC, led by Saudi Arabia, cut output and imposed an oil embargo on the United States, sending crude from $3 to $12 a barrel and prompting the creation of the International Energy Agency and U.S. strategic reserves. The 2026 Iran-U.S. war has revived those dynamics, pushing Georgia pump prices above $4 per gallon and renewing calls for diversified energy sources.

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Georgia Gas Prices Surge

Georgia gasoline prices rose above $4 per gallon, hitting $4.05, after the Iran war disrupted oil flow through the Strait of Hormuz.
Diesel rose nearly 10 cents in a day but stays 11 cents lower than a month ago, the 33-cent gas tax suspension by Gov. Brian Kemp ending in May.
Ride-share driver Nassir Johnson now spends $60-$80 daily on gas, $30-$40 more, adjusting his schedule to avoid traffic.

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