Gas prices are volatile and influenced by geopolitical events, as demonstrated by the national average rising to $4.53 per gallon for the third consecutive day in early May 2026, with prices ranging from $4.50 to $4.56 due to the Iran war and Strait of Hormuz blockades, while regional variations exist with California at $6.14 and Texas at $3.99 per gallon.
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Gas prices: Three consecutive days of increases at the pumps to begin the weekAdded:
The national average price for regular gas increased again on Tuesday, climbing to over $4.53 a gallon. It marked the third consecutive day of pump price increases less than a week before Memorial Day weekend. Gas prices have fluctuated between $4.50 and $4.56 per gallon for the last few weeks as the war in Iran and blockades in the Strait of Hormuz continue to send fuel prices soaring. Gas price fluctuations are nothing new in 2026 as the national average has ranged from below $2.80 per gallon to over $4.50 per gallon this year. Earlier in May, gas prices rose by more than $0.30 per gallon in a week.
California has the highest gas price in the country at over $6.14 per gallon.
Texas now has the lowest gas price in the country with an average of $3.99 per gallon.
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