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USA Energy Price News

Gas prices in Phoenix up 5 percent in just one week [Video]

(Stacker) – Gasoline prices continue to rise, up around 4 cents per gallon from the previous week. As of Monday, April 15, drivers across the United States are now paying an average of $3.63 per gallon.

Demand for gasoline generally rises during the spring until Memorial Day. Recent tensions in the Middle East could put further pressure on gasoline prices.

Over the weekend, Iran launched an attack on Israel, sending hundreds of missiles and drones in retaliation for an Israeli strike on an Iranian embassy in Syria. World leaders are now urging Israel to show restraint in its response, hoping to prevent escalation into a broader conflict in the region.

Oil prices fell after most of Iran’s missiles and drones were shot down before they could hit their targets. Markets are expecting Israel’s response to be muted. But uncertainty has increased, and oil prices could rise again if violence escalates.

Stacker compiled statistics on gas prices in the Phoenix-Mesa metro areausing data …

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