Category Archives: business

US Gas Prices Surge 9 Cents in Just One Day to $4.39 a Gallon

As the war in Iran enters its 60th day, gas prices in the United States are even higher with the national average climbing to $4.39 — a nine cent increase in just one day and up more than 30 cents in a week. NBC’s Brian Cheung joins TODAY to break down how much higher gas prices are expected to go, as well as what the latest GDP numbers say about the economy.

National Average for Gas Prices Now at $4.30 a Gallon

The war in Iran is fueling new inflation fears and higher gas prices with the national average jumping another seven cents to $4.30 for a gallon of regular gas. It is up more than $1.30 since the start of the war. NBC’s Christine Romans joins TODAY to break down how the standoff in the Strait of Hormuz is impacting prices at the pump and provides analysis on the Federal Reserve’s decision to keep interest rates steady.