National average gasoline price drops six cents amid Iran war and Strait of Hormuz uncertainty
Updated
Updated · keenesentinel.com · Apr 25
National average gasoline price drops six cents amid Iran war and Strait of Hormuz uncertainty
7 articles · Updated · keenesentinel.com · Apr 25
On Thursday, the U.S. national average gas price fell to $4.059 per gallon, with New Hampshire at $3.983. Businesses like Thomas Transportation and Adventure Limousine report weekly fuel cost increases of $500 to $1,500.
Companies are implementing or raising fuel surcharges, with Old Dominion Freight Line increasing its fee from 28% to 46% since March. Diesel prices in New England reached $5.862 per gallon, further impacting transportation and delivery firms.
Despite this week’s price drop, ongoing conflict and the Strait of Hormuz blockade keep future prices uncertain. Higher fuel costs are forcing businesses to raise prices or absorb losses, affecting both companies and everyday consumers nationwide.
With summer approaching, will record fuel costs completely ground American travel plans?
Diesel powers our economy, but its price is spiking faster than gasoline. Why?
With strategic reserves tapped, is a return to sub-$4 gas possible this year?
Beyond the Iran conflict, what hidden factors are keeping fuel prices historically high?
As fuel surcharges become common, are we entering a new era of permanent add-on fees?
How is the Strait of Hormuz crisis reshaping global oil alliances and trade routes?