Gas prices surged to $3.25/gal national average as of March 7, the biggest weekly jump since Russia invaded Ukraine in 2022. AAA reported an 11-cent overnight increase — the largest single-day spike since 2022. California leading at $4.89/gal. Diesel up $0.40/gal in one week. With Brent crude above $92, experts predict $3.75-4.50/gal by end of March if Hormuz stays blocked.
Gas prices are up $0.26/gal in one week, with the national average at $3.25/gal. The biggest single-day jump was $0.11 — the largest since the 2022 Russia-Ukraine crisis.
If the Hormuz blockade continues, experts forecast $3.75-4.50/gal by end of March. California could hit $5.50. The worst-case scenario (full escalation) could push prices to $6-7/gal.
California ($4.89), Hawaii ($4.67), Washington ($4.31), Nevada ($4.12), and Oregon ($4.05) have the highest prices. Texas ($2.89) and Mississippi ($2.78) remain the cheapest.
Analysis based on data from the U.S. Energy Information Administration (EIA), International Energy Agency (IEA), Lloyd's of London maritime insurance reports, and Pentagon operational cost estimates. Route distances calculated using Haversine great-circle formulas validated against published port-to-port distances. Updated 2026-03-08.