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U.S. Gas Prices Surge 50% to $4.50 per Gallon

5/20/2026

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Story summary
  • U.S. gas prices rose to over $4.50 per gallon, a 50% increase since the United States and Israel launched the war.
  • Hawaii and California posted the highest pump prices, while Oklahoma and Iowa offered the cheapest fill-ups.
  • The Energy Information Administration projects Brent crude to average $74 per barrel in 2025, down from $80 in 2024.
  • It notes consumers paid about 20 cents less per gallon in 2024 than in 2023.