Federal Reserve (FED) · New York · Iran · The Information · NBC News Tech
Consumers’ spending habits are also changing; April data from the Federal Reserve Bank of New York found consumers expect
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
At the state level, an NBC News analysis finds Wyoming residents are feeling the greatest strains since the start of the war, with gas prices up more than 50% since February, averaging $4.70 per gallon Wednesday.
Key facts
- Gas prices hit the 10th-highest weekly rate in the past 10 years the week of May 11, at an average of $4.63 per gallon nationally, according to data from the U.S. Energy Information Administration
- At the state level, an NBC News analysis finds Wyoming residents are feeling the greatest strains since the start of the war, with gas prices up more than 50% since February, averaging $4.70 per
- Since Feb. 28, when the U.S. first struck Iran, average gas prices nationally have risen 34%
- Since the war started, Americans have spent an additional $33 billion on gasoline, according to a Brown University estimate
Summary
After nearly four months of war, does your wallet feel lighter? Since the war started, Americans have spent an additional $33 billion on gasoline, according to a Brown University estimate. How much has the spike in gas prices bitten into your budget? The cost model used in the calculator takes a sample of the average daily gas price in the U.S. since the start of the war, simulating how gas prices vary depending on which day you fuel up. Since Feb. 28, when the U.S. first struck Iran, average gas prices nationally have risen 34%.