THE HALFAX HEIMDALL AUGUR

Gas prices are falling. Here's how far they've come in NC mid-June LOCAL Gas prices are falling. Here's how far they've come in NC mid-June Iris Seaton Asheville Citizen Times June 15, 2026, 12:04 p.m. ET Though gas prices remain at four-year highs, oil prices are falling after President Donald Trump and Iranian officials announced a deal to end the war in Iran . USA TODAY reported that while oil prices have fallen following the announcement of the preliminary pact, the fate of the nation's nuclear program is left to "further talks." Trump indicated that the deal will reopen the Strait of Hormuz in exchange for lifting the United States blockade of Iranian ports. An official signing ceremony is planned for June 19 in Switzerland; additional details were not immediately disclosed. In a June 14 social media post , Trump celebrated the deal. "The Deal with the Islamic Republic of Iran is now complete," he wrote. "Congratulations to all! I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade." Here's what to know about gas prices in North Carolina and nationwide days afte…

Gas Prices Won't Drop 'Until Later This Year,' Analyst Says Breaking Business Breaking News Don’t Expect Gas Prices To Drop Anytime Soon, Analyst Says By Mike Stunson , Former Reporter. Mar 14, 2026, 04:19pm EDT Topline Gas prices in the United States have soared more than 20% since the U.S. and Israel launched coordinated attacks on Iran, and it’ll likely be a while until they return to pre-war levels, one analyst says. A detail view of the gas prices on a fuel pump in Helendale, California, on March 11, 2026. NurPhoto via Getty Images Key Facts Sen. John Hoeven , R-N.D., told Fox News on Saturday gas prices will decrease within weeks, but Patrick De Haan , the head of petroleum analysis at GasBuddy, shot down his prediction in a post on X Saturday: “Prices aren't likely to drop back fully down to pre-war prices until later this year, since seasonal factors will prevent a full drop back down.” Gas prices reached a national average of $3.67 per gallon Saturday, the highest it’s been since spring of 2024, according to data from the U.S. Energy Information Administration. President Donald Trump has downplayed the rising costs at the pump, saying “if they rise, they rise” and arguing…

Will gas prices continue to drop as violence flares overseas? Will gas prices continue to drop as violence flares in the Strait of Hormuz? A war in another part of the world may be having a bigger impact at the gas pump, according to one analyst. Will gas prices continue to drop as violence flares in the Strait of Hormuz? A war in another part of the world may be having a bigger impact at the gas pump, according to one analyst. The good news is that gas prices are down nearly 40 cents nationally from last month, but the pace of that decline has slowed, and President Trump has taken notice. Ahead of the holiday weekend. The president complained that prices at the pump were not dropping as fast as they should be. Part of the reason for that, according to Gas Buddies Patrick Dehaan, is continued violence in the Strait of Hormuz. The US and Iran are still sparring over management of the crucial oil. Shipping route despite an interim agreement that aims to stop that fighting, but another faraway war is also taking *** toll on Americans' wallets, according to Dahan. The Ukraine attacks on Russian refineries, that's more problematic and more impactful to the price of gasoline, diesel, an…

US gas prices dip below $4 for the first time since March | AP News President Donald Trump signed an agreement with Iran on Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details released by both countries. A customer readies to pump gas at this Ridgeland, Miss., Costco, Tuesday, May 24, 2022. s. (AP Photo/Rogelio V. Solis, File) Customer checks gas price before she fills up her vehicle’s tank at a gas station in Lincolnshire, Ill., Monday, June 8, 2026. (AP Photo/Nam Y. Huh) NEW YORK (AP) — U.S. gas prices fell to just below $4 a gallon on average Thursday, bringing some relief to drivers who have seen soaring costs amid Washington’swar with Iran But filling up is still more expensive than it was before the conflict began. According to motor club AAA, a gallon of regular gasoline is now averaging at $3.999. It’s the first timesince Marchthat prices have been that low. And the drop aligns witheasing crude oil costsoverall, with some optimism aboutan initial agreementbetween the U.S. and Iran t…

Gasoline, Diesel Prices Surge as Middle East Tensions Remain High The nation’s average price of gasoline has risen 23.2 cents over the last week and stands at $3.68 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is up 80.0 cents from a month ago and is 66.1 cents per gallon higher than a year ago. The national average price of diesel rose 34.0 cents in the last week and stands at $4.951 per gallon. “Consumers continue to feel the sting of rising oil, gasoline, and diesel costs as geopolitical tensions in the Middle East remain elevated, pushing gasoline prices to their highest levels in years while diesel could soon approach the $5-per-gallon mark nationally,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Until we see a meaningful resumption of oil flows through the Strait of Hormuz, upward pressure on fuel prices is likely to persist. At the same time, seasonal forces are beginning to intensify as several regions complete the transition to summer gasoline, creating a double headwind that could continue driving pump prices higher in the …

Will gas dip below $3 a gallon this year? Here's what experts predict ... Drivers around the U.S. have seen some modest relief at the pump lately as gasoline prices retreat toward $4 a gallon. But motorists shouldn't bank on fuel costs returning to where they were just before the Iran war anytime soon, according to experts. Mark Zandi, chief economist at Moody's Analytics, doesn't expect gas prices to drop below $3 this year absent a major economic shock, such as a recession. "Under the most optimistic scenarios, I would expect gas prices to settle closer to $3.50 by year's end," he told CBS News in an email. When the U.S. and Israel launched military strikes on Iran on Feb. 28, the national average price of gas was $2.98 a gallon. But the conflict has crippled oil shipments passing through the strategically vital Strait of Hormuz, pushing gas prices to a recent high of $4.17 a gallon on April 9. Expect higher fuel prices for months Fuel costs are closely tied to oil prices , which have been elevated since the Iran war started. And unfortunately for motorists, gas prices typically rise much faster after crude spikes than they recede when oil drops — a pattern known by economists a…

The road back to $3 gas could be long. Here's what's keeping gasoline prices high, explained US gasoline prices are falling after the Iran peace deal, but $3 gas may not return soon. Here's why fuel prices remain high, explained. 

Now 84° Fri 90° Sat 87° A majority of Maryland is under a severe thunderstorm watch for the potential of slow-moving storms and flash flooding. Here's the details. byAHTRA ELNASHAR | The National News Desk WASHINGTON (TNND) —Combat between the United States and Iran resumed this week and theeconomic fallouthas been immediate. Combat between the United States and Iran resumed this week and the economic fallout has been immediate. (TNND) The national average gas price jumped by five cents overnight into Thursday to $3.84, according to AAA. Some states saw even sharper one-day increases: The average gas price in Florida jumped by 9 cents, in New Mexico by 12 cents and in Ohio by 17 cents. "Everything is so volatile and gas prices are so unpredictable and reactive that they could continue going up," AAA spokesperson Aixa Diaz said. "The national average remains $3.84 right now. We were paying that a week ago. Now, when this all began on February 28, the national average was $2.98. So we've come a long way since then, but it's just too early to know how long this will last." When crude oil prices rise, prices at the pump are quick to follow, butwhen oil drops, gas stations …

After months of egregiously high gas prices, there is finally some hope on the horizon. On Thursday, gas prices fell slightly below $4 nationwide. When I say slightly, I mean it in the fullest extent of the word,as the New York Times reportsthat the average price per gallon is $3.99 nationwide. While it’s undoubtedly good to see oil prices dropping, AAA notes that gas prices are still 34% higher than they were when the conflict with Iran started. The monthslong conflict with Iran effectively closed the Strait of Hormuz, through which a quarter of the global energy supply is shipped. This caused gas prices to spike almost immediately. In the days following the first strikes in Iran, I remember gas prices immediately surpassing $4 in my home state of Arizona, with prices eventually going as high as $4.99. Gas prices had started to fall this week as the U.S. and Iran were signaling they were getting closer to signing a deal that would bring a permanent end to the conflict. On Thursday, Prime Minister Shehbaz Sharif of Pakistan announced that both President Donald Trump and the Iranian President Masoud Pezeshkian had signed the memorandum of understanding. Sharif added that the agr…

Gas prices fall below $4 for the first time since March Add NBC News to Google Trump touts deal with Iran as administration releases text of agreement 02:18 Get more news Live on Share Add NBC News to Google June 18, 2026, 8:19 AM EDT By Steve Kopack Gas prices Thursday fell below $4 per gallon for the first time since March, bringing consumers some relief, after more than three months of elevated prices as a result of the Iran war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Prices have sharply dropped from $4.56, this year’s peak. As of Friday morning, the average price per gallon in the United States fell to $3.999, according motor club AAA data tracked by NBC News . Still, even at that level, prices are more than 34% higher than before the U.S. and Israel launched the war Feb. 28. The drop in retail gas prices is thanks to tumbling oil prices, which have plunged 14% over the last five days as markets became more optimistic about peace with Iran. While oil is still more than 30% higher than it was before the war started, on Thursday it fell to its lowest levels since the conflict started. As of 8 a.m. ET, U.S. crude oil w…

Gas prices are falling despite the Iran war's impact. Will it last? - ABC News A drop in oil prices has delivered welcome relief at the pump. Drivers stung by highgas priceshave enjoyed some welcome relief over the last couple of weeks, even as the impact of theIran warcontinues to choke off oil supply. The national average price of a gallon of gas stood at $4.26 on Wednesday, marking a decline of 30 cents, or 6.5%, since a recent peak on May 21. Still, prices remain well above where they clocked in before a historicoil shockset off by the war. In late February, the average gallon of gas ran less than $3. The dropoff in gas prices owes to a decline in oil costs over the latter part of last month, which coincided with a slump in demand following Memorial Day weekend, some analysts said. Still, they cautioned, gas prices may rise again as oil prices jump and the war shows little sign of an imminent resolution. If the war continues, some analysts said, gas price could top $5 a gallon by next month. "It's so volatile," Patrick Penfield, a professor of supply chain practice at Syracuse University, told ABC News. "If the war ended, prices would likely go down. But if it continues,…

Experts say gas prices will remain sticky, especially if Iran conflict ... U.S. News Iran War Actions Facebook Tweet Email Experts say gas prices will remain sticky, especially if Iran conflict flares up again Gas prices are unlikely to return to pre-war levels until next year at the earliest, industry watchers say. Prev Next In the 10 days since the U.S. signed a memorandum of understanding with Iran to reopen the Strait of Hormuz, there's been some relief at the pump. But will it continue? (Scripps News) By: Simon Kaufman , Stephanie Liebergen Posted In the 10 days since the U.S. signed a memorandum of understanding with Iran to reopen the Strait of Hormuz, there's been some relief at the pump. The national average for a gallon of gas now sits at $3.90. That drop comes as the price of Brent crude oil has fallen significantly since the ceasefire was extended, but gas prices are not falling as quickly. Experts say prices are unlikely to return to pre-war levels until next year at the earliest. “It's not a light switch, it's not going to happen overnight,” said gGasBuddy's Patrick De Haan. “We'll see lower prices, but we probably won't see pre-war prices until potentially early 202…

Gas prices fall below $4 on average after Trump’s signing of Iran deal to end war <p>Drivers feel some relief but prices still a dollar more per gallon overall since before US-Israel attack on Iran</p><ul><li><p><a href="https://www.theguardian.com/news/2026/feb/17/sign-up-for-the-breaking-news-us-email-to-get-newsletter-alerts-direct-to-your-inbox?utm_medium=ACQUISITIONS_STANDFIRST&amp;utm_campaign=BN22326&amp;utm_content=signup&amp;utm_term=standfirst&amp;utm_source=GUARDIAN_WEB">Sign up for the Breaking News US newsletter email</a><em> </em></p></li></ul><p>The average price of US gasoline fell to just under $4 a gallon on Thursday for the first time <a href="https://apnews.com/article/gas-prices-4-gallon-iran-war-de8b7ccea254a1585cab86f336db57a6">since March</a>, following the announcement of <a href="https://www.theguardian.com/world/2026/jun/17/trump-us-iran-war-mou-deal">a preliminary agreement</a> between the US and Iran to end the war and reopen the strait of Hormuz.</p><p>The development has provided some relief to drivers who have seen soaring costs amid Washington’s <a href="https://apnews.com/hub/iran">war with Iran</a>. But filling up still remains more expensive tha…

Gas prices fall below $4 per gallon as oil supply fears ease after Iran deal Gasoline prices fell below $4 per gallon Thursday, as oil exports through the Strait of Hormuz are expected to increase after PresidentDonald Trumpsigneda deal to end the war with Iran. Drivers in the U.S. paid $3.99 on average, the first time prices have dropped below $4 since March 30, according to data shared by AAA. Prices have fallenthe past 28 days in a row after peaking at $4.56 on May 21. It is the longest consecutive price decline since November 2023. Trump signaled for weeks that a deal with Iran was coming, which has helped keep oil prices for surging higher. The U.S. Navy has also been assisting oil tankers through Hormuz since early May. But gas prices are still 30% higher compared with what drivers paid before the U.S. and Israel attacked Iran on Feb. 28. Tehran effectively closed Hormuz in retaliation by attacking commercial ships. The closure of Hormuz triggered the biggest oil supply disruption in history. About 20% of global oil supplies passed through the strait before the war. The U.S.-Iran deal is expected to gradually increase oil exports through Hormuz, though its unclear when…

How long before gas prices will return to normal? What to expect. GRAPHICS Economy Add Topic Trump promised lower gas prices. Here's what's happening at the pump. Stephen J. Beard George Petras USA TODAY June 18, 2026 Updated June 19, 2026, 12:07 p.m. ET Hear this story The national average price of gasoline fell to $3.99 per gallon this week, the first time it’s been below $4 since March 30, a month after the war with Iran began. The war virtually closed the Strait of Hormuz , an essential shipping route through which about 20% of the world’s oil supply passes. The United States and Iran signed a memorandum of understanding on June 17 that sets up negotiations over the most contentious issues dividing the two sides. President Donald Trump announced the pact on June 14. It was signed on June 17. Besides ending the war, it would allow oil shipments to resume through the strait, a move that could bring down the price of gasoline – eventually. After the war is over, “you’re going to see gasoline and oil drop like a rock ,” Trump said on May 11. But while oil prices began to decline on June 15, it could take weeks or months for you to see gas prices at pre-war levels at your local pum…

FILL UP TANKS IF YOU'RE PLANNING A TRIP THIS WEEKEND. GAS WILL BE GOING UP. Oil prices rise, and stocks fall worldwide after Trump says ceasefire with Iran is 'over' | AP News share.google/8W4wYk0LvUY3...

Oil prices will stay high despite Trump assurances, analysts warn MONEY Gasoline Prices Add Topic Gas prices soar as Iran crisis hits family budgets nationwide Jarrett Renshaw Reuters March 18, 2026, 1:54 p.m. ET Hear this story President Donald Trump and congressional Republicans are betting the oil-price shock sparked by the Iran crisis will be too short-lived to hurt them politically in November, but traders and industry analysts see signs that U.S. pump prices will stay painfully high long after any diplomatic breakthrough. Oil prices have surged as the Iran conflict has disrupted global supply. U.S. crude topped $100 a barrel for the first time since the 2022 Russia-Ukraine shock. U.S. diesel climbed above $5 a gallon, its highest since late 2022. The disruptions stem in large part from Iran’s effective blockade of the Strait of Hormuz, an action it took in response to U.S. and Israeli strikes launched against Iran on February 28. The Strait is a choke point through which roughly one-fifth of global oil normally flows. Trump has repeatedly said the higher energy costs are a small price to pay for neutralizing Iran. On Tuesday, he again predicted energy prices would "drop like…

NPR How to deal with seesawing gas prices NPR | By Joe Hernandez Published July 9, 2026 at 12:10 PM PDT Facebook Twitter Bluesky LinkedIn Email Joe Raedle / Getty Images North America William Mao puts fuel in his vehicle at a gas station in Miami, Florida on April 6. To say gas prices have been unpredictable this year would be an understatement. On Thursday morning, drivers across the U.S. were spending an average of $3.85 per gallon of regular unleaded, according to AAA . The average cost of a gallon this year peaked in May at $4.56, and plunged as low as $2.79 in January, the organization reported. Oil prices have spiked around the world in recent months after the U.S. and Israel launched a war on Iran, which has disrupted shipping through the Strait of Hormuz. But the on-and-off hostilities have done more than simply raise gas prices in a straight line — they've caused gas to become more expensive one week, only for the price to fall the next. Prices go up when fighting rekindles or the strait is closed, and drop when peace talks resume. They're climbing again after Trump said the tenuous ceasefire was over. Now, drivers are unsure of what price they'll find…

Trump is frustrated gasoline prices don't mirror oil's decline. Experts ... U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran NEW YORK --U.S. gasoline pricesdecreasedan average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran. But they're not falling fast enough for President Donald Trump. Trump, who wants to stave off the economic fallout of the warahead ofmidterm elections, is now pointing at oil companies as the culprit. The president saidon social mediaearly Wednesday that he had tasked the Justice Department with investigating whether “customers are being ’gouged." "The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil," Trump wrote in a Truth Social post published just after midnight. “Gasoline prices better start going down a lot faster than what I’m seeing!” Crude oil is the main ingredient in gasoline, and its cost makes up the bulk of what consumers pay at the pump. But oil companies don't set gasoline prices; gas station owners do. Those operators often have little c…

Gas prices fall below $4 national average - Spectrum News Gas prices fall below $4 national average for the first time since mid-April following Iran deal BY Susan Carpenter International PUBLISHED 1:12 PM ET Jun. 15, 2026 PUBLISHED 1:12 PM EDT Jun. 15, 2026 SHARE One day after President Donald Trump announced a deal with Iran to reopen the Strait of Hormuz, gas prices are falling. The national average for a gallon of regular gas is now below $4 for the first time since mid-April, according to GasBuddy.com. What You Need To Know One day after President Donald Trump announced a deal with Iran to reopen the Strait of Hormuz, gas prices are falling The national average for a gallon of regular gas is now below $4 for the first time since mid-April, according to GasBuddy.com Oil prices quickly dropped following Trump’s announcement that the U.S. and Iran had agreed on the framework of a deal to reopen the strait and end the war that began when the U.S. and Israel attacked Iran on Feb. 28 Analysts say it will take months even after the full reopening of the Strait of Hormuz for the global energy crisis to ease Gas prices have fallen 9.3 cents over the past week and 52.4 cents compared w…

The unexpected drop in gasoline prices has given Trump a political boost, even as energy analysts warn the fragile ceasefire and tightening oil supplies could quickly reverse the trend. www.politico.com/news/2026/06...

Will gas prices keep falling? Experts weigh in - ABC News Gas prices have dropped more than 13% over the past month. Gas prices havetumbledin recent weeks as fighting in theMiddle Easthas largely given way to negotiations between the United States and Iran. The national average price of a gallon of gas stood at $3.92 on Monday, marking a decline of 62 cents, or 13.6%, since a month earlier,AAAdata showed. Still, prices remain well above where they were before the historic oil shock set off by the Iran war. In late February, a gallon of gas sold for an average price of less than $3. Many drivers and analysts remain focused on a single question: Can gasoline prices keep falling – and, if so, how much lower will they go? Prices at the pump may very well continue to drop over the coming weeks as tanker traffic stands poised to resume in theStrait of Hormuzunder the terms of an agreement between the U.S. and Iran, some analysts told ABC News. The potential burst of supply, they said, would likely push oil prices lower, which in turn would reduce fuel costs. However, the decline in oil prices over recent weeks is expected to slow, the experts noted. Some of the anticipated oil sup…

Gas prices fall below $4 a gallon, GasBuddy says - ABC News Gas prices fell after the U.S. and Iranian officials announced a deal. Gas prices fell below $4 per gallon on Monday, GasBuddy said, crossing the milestone as oil costs eased in response to an agreement between the United States andIran. The national average price of a gallon of gas stands at $3.99, marking a decline of more than 9 cents over the past week, according to a GasBuddy post onX. Gas prices, however, continue to register well above where they stood before the Iran war. An ongoing global oil shortage threatens to rekindle price increases, especially in the event of renewed tensions in the Middle East, some analysts told ABC News. Ramanan Krishnamoorti, a professor of petroleum engineering at the University of Houston, voiced uncertainty about the staying power of the potential relief. "I think you should be very, very skeptical," Krishanamoorti said. "Any global challenge is likely to put significant upward pressure on gasoline prices in the U.S." A similar sentiment came from Patrick De Haan, a petroleum analyst at GasBuddy, who said a drop below $4 a gallon would happen "soon." "Permanent?" De Haan post…

Will gas prices continue to drop as violence flares overseas? - WBBH Will gas prices continue to drop as violence flares in the Strait of Hormuz? A war in another part of the world may be having a bigger impact at the gas pump, according to one analyst. Advertisement Updated: 7:45 PM EDT Jul 7, 2026 Editorial Standards ⓘ Jackie DeFusco Washington Correspondent Will gas prices continue to drop as violence flares in the Strait of Hormuz? A war in another part of the world may be having a bigger impact at the gas pump, according to one analyst. Updated: 7:45 PM EDT Jul 7, 2026 Editorial Standards ⓘ Jackie DeFusco Washington Correspondent WASHINGTON — The U.S. military launched new strikes against Iran on Tuesday night in response to reported attacks on three tankers in the Strait of Hormuz earlier in the day, the latest test for an initial agreement that aims to end the fighting. Those developments could impact gas prices in the days ahead, but at least for now, a war in another part of the world is having a bigger impact at the pump, according to Patrick De Haan, head of petroleum analysis at GasBuddy. Advertisement As of Tuesday night, gas prices were down nearly 40 cents per gallo…

President Trump is frustrated gas prices don't mirror oil's decline People hold flags in front of a gas station as President Donald Trump’s motorcade passes by Tuesday, June 23, 2026, in Pennsylvania. (AP Photo/Julia Demaree Nikhinson) By Wyatte Grantham-Philips | Associated Press and Cathy Bussewitz PUBLISHED: June 25, 2026 at 7:21 PM CDT | UPDATED: June 25, 2026 at 8:55 PM CDT Getting your Trinity Audio player ready... NEW YORK — U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran. But they’re not falling fast enough for President Donald Trump. Trump, who wants to stave off the economic fallout of the war ahead of midterm elections, is now pointing at oil companies as the culprit. The president said on social media early Wednesday that he had tasked the Justice Department with investigating whether “customers are being ’gouged.” “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” Trump wrote in a Truth Social post published just after midnight. “Gasoline prices better start going down a lot faster than what I’m seeing!…