Higher Gas Prices Could Cost Your Household an Extra $740 This Year
The Wall Street Journal·2026-03-21 14:05
We're less than a month into the USIsraeli war in Iran and we're already seeing the impact at the gas pump. And that's just the first hit. Gas prices in the US have shot up to their highest levels since 2022 from $2.93% a month ago to $3.88% on Thursday.That's more than a 30% jump. Drivers in Arizona, New Mexico, and Colorado are seeing the biggest sticker shock. Gas isn't a huge line item on most household budgets.In 2025, it made up less than 2% of disposable income, but it can have an outsized impact on ...