US Gasoline Prices Reach $4.18 Per Gallon, Projected for Record Highs Under Trump

U.S. retail petrol prices are projected to reach record high levels under Donald Trump on the eve of the U.S. elections. The current national average for regular gasoline stands at $4.18 per gallon, up $1.14 year-over-year, while diesel stands at $6.31 per gallon. Over the eight months following the escalation of conflict in the Middle East, regular gasoline prices climbed 43% and diesel surged 70%. Consequently, the average regular gasoline price during Trump's second term reached $3.473 per gallon, surpassing the $3.471 average recorded under the Biden administration.