AAA, America’s largest motoring and leisure travel organization, is calling it the “Jump at the Pump.” AAA reported on March 5:

The national average for a gallon of regular gasoline jumped nearly 27 cents since last week to $3.25. The conflict in the Middle East has sent crude oil prices higher to the mid $70/barrel range. The recent increase puts the national average at the same price as it was in early April of 2025. Springtime typically sees higher gas prices as gasoline demand rises and summer-blend gasoline production begins. The last time the national average made a similar weekly jump was back in March of 2022 during the start of the Russia/Ukraine conflict.

Today, the average price of a gallon of regular gasoline is $3.630, up from $2.940 a month ago. In the chart below, you can see that the average retail price for all blends of gasoline (regular, mid-grade, and premium) has climbed to $3.63/gallon.

When will it end? No one is sure. Secretary of War, Pete Hegseth, has said that it’s up to President Trump when the fighting will end. He told a press conference on Wednesday, “Ultimately, the president gets to determine the end state of those objectives. He gets to control the throttle, he’s the one deciding … when we’re achieving those particular objectives. So it’s not for me to posit whether it’s the beginning, the middle, or the end.”

The President’s Press Secretary Karoline Leavitt said during the same press conference, “Ultimately, the operations will end when the commander-in-chief determines the military objectives have been met, fully realized, and that Iran is in a position of complete and unconditional surrender, whether they say it or not.”