U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher - The New York Times
U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher
March 11, 2026 - The United States is facing a prolonged period of high gas prices, with prices jumping for the 11th consecutive day, according to data from the U.S. Energy Information Administration.
Oil prices also surged, with the West Texas Intermediate (WTI) crude oil price reaching a high of $120.50 per barrel, the highest level since 2014.
The latest surge in gas prices is attributed to a combination of factors, including a decline in U.S. refining capacity, increased demand for gasoline, and geopolitical tensions in the Middle East.
According to the U.S. Energy Information Administration, the national average gas price has reached $3.25 per gallon, up from $2.75 per gallon just a week ago.
Experts predict that gas prices will continue to rise in the coming weeks, with some predicting prices could reach as high as $4 per gallon by the end of the month.
Impact on Consumers
The rising gas prices are having a significant impact on consumers, with many feeling the pinch in their wallets.
According to a recent survey, 75% of consumers reported feeling the impact of high gas prices, with many forced to cut back on other expenses to afford the rising cost of gasoline.
Others are turning to alternative modes of transportation, such as carpooling, public transportation, or even cycling, in order to reduce their reliance on gasoline.
Government Response
The U.S. government has been criticized for its slow response to the rising gas prices, with many calling for increased investment in renewable energy and alternative transportation options.
However, the government has taken steps to address the issue, including releasing oil from the Strategic Petroleum Reserve and imposing tariffs on imported oil.
Despite these efforts, many experts believe that more needs to be done to address the root causes of the high gas prices and to provide relief to consumers.
What Can Consumers Do?
There are several steps that consumers can take to mitigate the impact of high gas prices:
- Carpool or use public transportation
- Keep your vehicle well-maintained to improve fuel efficiency
- Consider alternative modes of transportation, such as cycling or walking
- Plan your trips in advance to avoid driving during peak hours
By taking these steps, consumers can reduce their reliance on gasoline and help to alleviate the financial burden of high gas prices.
However, it is clear that more needs to be done to address the root causes of the high gas prices and to provide relief to consumers.
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