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submitted 17 hours ago by MicroWave@lemmy.world to c/news@lemmy.world

Average U.S. retail gasoline prices crossed $3 a gallon for the first time since November on Monday as the conflict in the Middle East ​worsened, setting up a key test of public approval of President Donald ‌Trump's decision to attack Iran, analysts said.

Tehran's retaliation in response to U.S. and Israeli strikes has disrupted global oil supply, as it hit production facilities in neighboring countries and ships in the Strait of Hormuz, ​a key global trade route. Oil prices have surged, with Brent crude rising ​more than 5% to nearly $77 per barrel, and fuel prices moving ⁠up in tandem with the feedstock costs.

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[-] pi3r8@lemmy.world 1 points 6 minutes ago

Price of fuel in the USA always shocks me. Closer to $8 a gallon here in the uk.

[-] the_armchair_potato@lemmy.world 6 points 2 hours ago

That's $1.08/L CAD. Think about that Canadians. They are complaining because their gas went up to $1.08/L 😆😅. Fuckers have no idea how good they have it. And kinda puts a spotlight on how things are here in Canada....4th largest oil producer in the world 🙄

[-] samus12345@sh.itjust.works 2 points 11 minutes ago

Yeah, but you guys pay more because it includes taxes which go towards things like health care. We pay way more when you take into account what we don't get.

[-] Bronzebeard@lemmy.zip 1 points 2 hours ago

It jumped 20¢ overnight when this shit started at my nearest gas station

[-] Pat_Riot@lemmy.today 1 points 2 hours ago

$3.39 for 87 octane this morning in lower piedmont of Georgia. Should have topped off leaving work yesterday when it was still $2.78.

[-] Fedizen@lemmy.world 10 points 6 hours ago* (last edited 6 hours ago)

Really hoping it gets up to $10 a gallon. Fuck all the SUV owners and the AI companies.

[-] WindyRebel@lemmy.world 1 points 2 hours ago* (last edited 2 hours ago)

Hmm.

I own a 2015 Hyundai Sonata (base model) which is a sedan, not an SUV. The gas tank capacity is 18 gallons.

I also own a 2025 Subaru Forester (Premium model), which is an SUV and has a gas tank capacity of approximately 17 gallons.

Difference is roughly the same between a sedan and an SUV and both use 87 octane.

[-] GutterRat42@lemmy.world 1 points 39 minutes ago

A Suburban has a 30 gallon tank, a Ford F-150 has an almost 40 gallon tank. They ain't talking about your crossover.

[-] SaveTheTuaHawk@lemmy.ca 2 points 4 hours ago

It is fun to watch them tear up at the filling station.

[-] TammyTobacco@sh.itjust.works 2 points 2 hours ago

I filled up my hatchback for like $25 a week ago, and the f250 next to me spent $65. It's going to get hilarious soon.

[-] Treczoks@lemmy.world 18 points 9 hours ago

Oh, bohoo. Those American gas guzzler riders would probably have a nervous breakdown at a European fuel station.

[-] thatKamGuy@sh.itjust.works 2 points 2 hours ago

We have too many damned US-style “trucks” here in Australia now.

Our fuel prices have just crossed the equivalent of $5 USD/gallon ($1.90 AUD/litre); it will be interesting watching people squirm at the petrol pumps when the price inevitably increases another 50% or so.

[-] Pat_Riot@lemmy.today 1 points 2 hours ago

My xB gets about 31 mpg. This still hurts. I'm so sick of winning.

[-] Bieren@lemmy.today 46 points 13 hours ago

Where's all those "I did that" stickers?

[-] JustAnotherPodunk@lemmy.world 19 points 12 hours ago

I still have some trump ones in a drawer somewhere. Pissed off half the damn town last time I broke them out. Though they never knew who did it!

[-] P00ptart@lemmy.world 25 points 12 hours ago

Bitch, I haven't seen $3 gas in a decade.

[-] mbp@lemmy.sdf.org 2 points 1 hour ago
[-] Buffalox@lemmy.world 2 points 7 hours ago

Nice bit of sunshine today where I live, so I'll charge our EV with surplus power from our solar panels. 🤣

[-] bearboiblake@pawb.social 19 points 13 hours ago

This is one of Iran's main goals, IMO. They need to get the US to back down through domestic and diplomatic pressure. This war is already unpopular, but gas prices increasing will affect people who otherwise don't give a shit about the morality of the situation, which is unfortunately quite a lot of US Americans. Hitting the wallet of the MAGA voter is fundamental.

[-] IronBird@lemmy.world 7 points 11 hours ago

the US mostly self sufficient with oil, big oil wants this war so they can make extra stupid money gaming the oil futures markets.

once you've reached end-stage capitalism, where there's no real room for organic growth, all that's left is rent-seeking and smashing windows to "increase liquidity" in the markets (from sane/smart actors who have to hedge, even if they do know it's all a game). the ones who don't see the full picture or are over-leveraged go out of business and act as distressed assets to be bought out by established players.

this is what republicans do every time they're in power, they're abject disaster capitalists, proud in their cruelty.

[-] bearboiblake@pawb.social 9 points 11 hours ago

the US mostly self sufficient with oil

Yes, but they aren't completely isolated from changes in wholesale oil prices, if the price of oil goes up, the shale oil producers in the US are going to increase their prices too because they can, no?

I agree with everything else you wrote!

[-] Rentlar@lemmy.ca 67 points 17 hours ago

"We did that!" - Trump and Kegsbreath

[-] fluffykittycat@slrpnk.net 6 points 11 hours ago

I welcome high gas prices

[-] tehn00bi@lemmy.world 1 points 7 hours ago

Hahaha makes his SOTU bit about cheap gas ring even more hollow.

[-] Trudge@piefed.social 5 points 11 hours ago

came here looking for the 

Who the fuck cares, this is such an unimportant and overused talking point

but, no. and so:

WHO THE FUCK CARES, THIS IS SUCH AN UNIMPORTANT AND OVERUSED TALKING POINT. 

[-] Trainguyrom@reddthat.com 8 points 10 hours ago

Higher gas prices might encourage some positive change in folks when it comes to their travel choices. In the short term possibly more choosing to walk/bike (or more realistically choosing to abstain from going somewhere that they otherwise would've driven) and in the longer term it'll encourage more efficient vehicles. Energy has been way too cheap in the US for too long and it really encourages a lot of the waste that we see

[-] shane@feddit.nl 2 points 6 hours ago

I think the observation is that this is a short term market panic and not any true change in the cost of gas.

[-] Tempus_Fugit@lemmy.world 31 points 16 hours ago

Yup, it jumped from. $2.90 to $3.50 near me today. I knew this would happen, glad I filled up yesterday.

[-] Nusm@peachpie.theatl.social 22 points 16 hours ago

But thank goodness eggs are cheap! Ammiright?!

[-] WhyIHateTheInternet@lemmy.world 14 points 15 hours ago* (last edited 15 hours ago)

Welcome to California suckers!

Actually I'm still paying nearly $5, but everyone is catching up.

I suspect we will continue outrunning them though.

[-] bearboiblake@pawb.social 2 points 13 hours ago

It's $6 a gallon in the UK, I think a good chunk of that is tax/duty tho.

[-] Schmuppes@lemmy.today 1 points 9 hours ago* (last edited 3 hours ago)

Cannot convert precisely right now, but in Germany I'd say gas is currently at 1,90€ per liter. ~~That would place the gallon at 7.00 to 7.50 USD.~~ Did the math, that's 8.35 USD per gallon at current conversion rates.

[-] SaveTheTuaHawk@lemmy.ca 2 points 4 hours ago

Small wonder EVs are the largest growing sector

[-] mctoasterson@reddthat.com 7 points 13 hours ago

Hmm, good thing I drive an EV and live somewhere the electricity costs 15 cents / kWh.

[-] dan1101@lemmy.world 1 points 3 hours ago

Until they build data centers near you and/or generation and infrastructure for data centers. All the customers help pay for that. Ours is up 25%.

[-] SaveTheTuaHawk@lemmy.ca 1 points 4 hours ago
[-] MintyFresh@lemmy.world 4 points 13 hours ago

I wonder what the price would be without subsidies.

[-] Uranus_Hz@lemmy.zip 1 points 11 hours ago

Those are rookie numbers. You’re gonna have to pump those numbers up.

[-] sveltecider@lemmy.ca 2 points 14 hours ago

Only worse from here probably.

this post was submitted on 02 Mar 2026
335 points (100.0% liked)

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