Oil Prices and the War Drumbeat: A Brewing Storm The price of a gallon of regular gas in the United States has risen to $4. 12, nearly a dollar more than it was just over a year ago.
This economic fact is symptomatic of a deeper issue that intersects with geopolitics and energy policy. President Trump recently spoke about price gouging, stating he wants retail prices to come down.
However, the underlying causes of soaring gas prices are complex and cannot be addressed by any single action or statement.