this post was submitted on 02 Mar 2026
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Average U.S. retail gasoline prices crossed $3 a gallon for the first time since November on Monday as the conflict in the Middle East ​worsened, setting up a key test of public approval of President Donald ‌Trump's decision to attack Iran, analysts said.

Tehran's retaliation in response to U.S. and Israeli strikes has disrupted global oil supply, as it hit production facilities in neighboring countries and ships in the Strait of Hormuz, ​a key global trade route. Oil prices have surged, with Brent crude rising ​more than 5% to nearly $77 per barrel, and fuel prices moving ⁠up in tandem with the feedstock costs.

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[–] Treczoks@lemmy.world 1 points 1 day ago

Keep in mind that in some countries, fuel is 3 dollars per litre.

[–] Bieren@lemmy.today 72 points 3 days ago (1 children)

Where's all those "I did that" stickers?

[–] JustAnotherPodunk@lemmy.world 34 points 3 days ago

I still have some trump ones in a drawer somewhere. Pissed off half the damn town last time I broke them out. Though they never knew who did it!

[–] samus12345@sh.itjust.works 17 points 3 days ago
[–] Rentlar@lemmy.ca 82 points 3 days ago

"We did that!" - Trump and Kegsbreath

[–] pi3r8@lemmy.world 19 points 3 days ago

Price of fuel in the USA always shocks me. Closer to $8 a gallon here in the uk.

[–] LordCrom@lemmy.world 13 points 3 days ago (1 children)

What's always funny is that pipeline interruptions don't really affect supply for many weeks. This is just panic pricing.

And as always, prices go up instantly but takes months to drop back down.

[–] how_we_burned@lemmy.zip 4 points 2 days ago* (last edited 2 days ago)

I was talking to the owner of an independent petrol station the other day who's petrol is usually a good 30% cheaper then the big chains.

I straight out asked him how he was able to consistently out compete them like this. He laughed and said it was because he wasn't greedy. He explained it was straight up greed at the retail level. Especially jacking the price up whenever the news said that oil prices had gone up.

[–] TronBronson@lemmy.world 16 points 3 days ago (3 children)

I haven’t seen gas under $3 since Biden was around

[–] dude@lemmings.world 7 points 3 days ago (2 children)

It was always more expensive in California. I don’t know why but when I visited the US, I was quite shocked to see how big the price difference was between California and literally all the other states I’ve been to

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[–] Texas_Hangover@lemmy.radio 7 points 3 days ago (5 children)

I paid $2.35 on Saturday, and I was pissed because the day before it was 2.25.

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[–] Treczoks@lemmy.world 36 points 3 days ago (3 children)

Oh, bohoo. Those American gas guzzler riders would probably have a nervous breakdown at a European fuel station.

[–] thatKamGuy@sh.itjust.works 12 points 3 days ago (1 children)

We have too many damned US-style “trucks” here in Australia now.

Our fuel prices have just crossed the equivalent of $5 USD/gallon ($1.90 AUD/litre); it will be interesting watching people squirm at the petrol pumps when the price inevitably increases another 50% or so.

[–] Treczoks@lemmy.world 4 points 3 days ago

We are currently at €1.85-1.90 here. The Dutch got it worse, IIRC they are at €2.60+ per litre.

[–] FatVegan@leminal.space 4 points 3 days ago

War really is bad. My fuel is expensive now 😢

The gull of these Fucking terrorists

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[–] Fedizen@lemmy.world 24 points 3 days ago* (last edited 3 days ago) (28 children)

Really hoping it gets up to $10 a gallon. Fuck all the SUV owners and the AI companies.

[–] jumjummy@lemmy.world 9 points 3 days ago (2 children)

Uh, do you realize that with costs like that EVERYTHING will get more expensive? Every single good you buy anywhere has fuel costs baked into their price.

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[–] SaveTheTuaHawk@lemmy.ca 7 points 3 days ago (1 children)

It is fun to watch them tear up at the filling station.

[–] TammyTobacco@sh.itjust.works 8 points 3 days ago (1 children)

I filled up my hatchback for like $25 a week ago, and the f250 next to me spent $65. It's going to get hilarious soon.

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[–] InvalidName2@lemmy.zip 8 points 2 days ago (1 children)

Weird that affordability has never been worse (in my lifetime), inflation is not under control for actual necessities (like groceries), and yet there's not Trump "I did that" stickers all over the place. Wonder why those people who put out all those Biden "I did that" stickers, practically everywhere, don't care now. What happened to them? Hmmmm, guess the world will never know.

[–] afromustache@lemmy.world 4 points 2 days ago

They have unparalleled cognitive dissonance skills

[–] the_armchair_potato@lemmy.world 16 points 3 days ago (1 children)

That's $1.08/L CAD. Think about that Canadians. They are complaining because their gas went up to $1.08/L 😆😅. Fuckers have no idea how good they have it. And kinda puts a spotlight on how things are here in Canada....4th largest oil producer in the world 🙄

[–] samus12345@sh.itjust.works 24 points 3 days ago (2 children)

Yeah, but you guys pay more because it includes taxes which go towards things like health care. We pay way more when you take into account what we don't get.

You might pay more, which I doubt, but at least you have a functioning healthcare system. We pay crazy level taxes for "free" healthcare where people constantly die waiting in emergency rooms 🙄. They say Canada is a "rich" country. They are wrong. The Canadian government is rich from soaking Canadians dry with taxes upon taxes!!

[–] ILikeBoobies@lemmy.ca 4 points 3 days ago* (last edited 3 days ago) (1 children)

US has gas taxes pay for roads.

Canada pays for roads through other taxes so that even people who don't use them pay.

Canada sends our oil to the US and then buys it back. That makes up a lot of the difference.

[–] Traister101@lemmy.today 4 points 3 days ago

In theory, but the gas tax isn't anywhere near high enough for that so most of the money ends up coming from property taxes which ironically also aren't high enough in the suburbs so they siphon money away from citities to pay for it

[–] P00ptart@lemmy.world 34 points 3 days ago (2 children)

Bitch, I haven't seen $3 gas in a decade.

[–] LemmyKnowsBest@lemmy.world 6 points 3 days ago

Hello California

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[–] Tempus_Fugit@lemmy.world 40 points 3 days ago (1 children)

Yup, it jumped from. $2.90 to $3.50 near me today. I knew this would happen, glad I filled up yesterday.

[–] BarneyPiccolo@lemmy.today 19 points 3 days ago (3 children)

$2.75 to $3.19 today. I'm betting on $3.75 by the end of the week.

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[–] bearboiblake@pawb.social 29 points 3 days ago (2 children)

This is one of Iran's main goals, IMO. They need to get the US to back down through domestic and diplomatic pressure. This war is already unpopular, but gas prices increasing will affect people who otherwise don't give a shit about the morality of the situation, which is unfortunately quite a lot of US Americans. Hitting the wallet of the MAGA voter is fundamental.

[–] IronBird@lemmy.world 9 points 3 days ago (1 children)

the US mostly self sufficient with oil, big oil wants this war so they can make extra stupid money gaming the oil futures markets.

once you've reached end-stage capitalism, where there's no real room for organic growth, all that's left is rent-seeking and smashing windows to "increase liquidity" in the markets (from sane/smart actors who have to hedge, even if they do know it's all a game). the ones who don't see the full picture or are over-leveraged go out of business and act as distressed assets to be bought out by established players.

this is what republicans do every time they're in power, they're abject disaster capitalists, proud in their cruelty.

[–] bearboiblake@pawb.social 11 points 3 days ago

the US mostly self sufficient with oil

Yes, but they aren't completely isolated from changes in wholesale oil prices, if the price of oil goes up, the shale oil producers in the US are going to increase their prices too because they can, no?

I agree with everything else you wrote!

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[–] Nusm@peachpie.theatl.social 22 points 3 days ago

But thank goodness eggs are cheap! Ammiright?!

[–] HubertManne@piefed.social 15 points 3 days ago (9 children)

gas has been incredibly cheap and I think this is one thing that has kept us going over the last year. 8 bucks a gallon would be where it would be to be close to where we were post 9/11.

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[–] Bronzebeard@lemmy.zip 6 points 3 days ago

It jumped 20¢ overnight when this shit started at my nearest gas station

[–] WhyIHateTheInternet@lemmy.world 13 points 3 days ago* (last edited 3 days ago) (6 children)

Welcome to California suckers!

Actually I'm still paying nearly $5, but everyone is catching up.

I suspect we will continue outrunning them though.

[–] Kolanaki@pawb.social 11 points 3 days ago (1 children)

Came here to be like "fuck I wish it was down to $3/gal out here..."

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[–] Knock_Knock_Lemmy_In@lemmy.world 4 points 3 days ago (1 children)

Didn't Trump take over Venezuela to bring oil below $55?

[–] M0oP0o@mander.xyz 7 points 3 days ago (1 children)

That is the fun part, trump never took over Venezuela just came in and killed the leader. Just like Iran has not been taken over.

[–] Haquer@lemmy.today 10 points 3 days ago (1 children)
[–] M0oP0o@mander.xyz 3 points 2 days ago

Fair enough, not really better but for sure weirder.

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