The recent peak follows a week in which the national average dropped 12.5¢ to $4.30, supported by G7 oil reserve releases. State level interventions also impacted the market, with fuel tax cuts in Ohio and Georgia reducing local prices by 37.8¢ and 34.5¢, respectively. Republicans have stated a preference for gasoline prices to fall below $4 per gallon before Election Day.
Tuesday, October 20, 2026
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US Gas Prices Hit $4.34 Ending 10 Day Decline
Commodities13 days ago
Retail fuel costs across the United States climbed on Oct. 7, breaking a steady downward trend. The national average reached $4.34 per gallon, reversing a decline that had persisted for approximately 10 days. This upward shift follows data from GasBuddy showing price rebounds on Monday in North Carolina, Kentucky, and South Carolina, where costs rose back to $4.19 per gallon at many fueling stations.
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