Gas Prices Surge: Average Up 53% to $4.56 Per Gallon

Published on · Source: cnbc.com

Gas Prices Surge: Average Up 53% to $4.56 Per Gallon

AI Summary

Summarized by AI from the source below

In late February, the average price of gas was $2.98 per gallon, but it has risen to $4.56 per gallon, indicating an increase of over 50% in less than 90 days. This surge is attributed to the ongoing conflict in Iran. Shell has launched a Mastercard® offering 4% back on Shell gas, while bp is providing a temporary discount of 50 cents per gallon for new accounts until September 30, 2026. The Exxon Mobil Smart Card+™ offers savings of 10-12 cents per gallon, demonstrating various options available to consumers facing higher fuel costs.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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Mastercard runs a global payments network that processes card and digital transactions, earning fees from banks and merchants.

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