Data: 2026 Gas Costs (Not Just Pump Prices) Hit Some States Harder
- location Alabama
- location California
- location Florida
- location Montana
- location Oklahoma
- location Utah
- location Washington
- location Wyoming
Rising fuel costs have pushed weekly gas expenditures up by at least $10 in 36 states since late February, according to a NerdWallet analysis, with drivers in several Western and Plains states absorbing the largest increases due to a combination of high pump prices and heavy fuel consumption. The analysis, which compared average weekly gas spending from March through June against a baseline of mid-February prices, found that Wyoming, Oklahoma, Montana, and Utah saw the greatest jumps [1]. In Wyoming, estimated weekly spending rose by $26, while Oklahoma saw a $19 increase, and Montana and Utah each recorded a $17 rise [1]. By contrast, states with historically high pump prices but lower fuel consumption, such as California and Washington, experienced smaller increases of $8 and $7, respectively [1]. The surge in costs follows a sharp disruption in global oil markets. The closure of the Strait of Hormuz in early March, a chokepoint for roughly 20% of the world's oil trade, triggered what the International Energy Agency called the "largest supply disruption in the history of the global oil market" [2][3]. Brent Crude surged past $120 per barrel, and the collective oil production of Kuwait, Iraq, Saudi Arabia, and the United Arab Emirates dropped by a reported 6.7 million barrels per day by March 10 [3]. Kimberly Palmer, a personal finance expert at NerdWallet, said the incremental weekly costs accumulate quickly. "While $10 a week might seem like a small amount, it quickly adds up over time. Given the financial pressure many households are already facing, an additional $520 a year in expenses is a burden to many households," Palmer said [1]. The NerdWallet study estimated that a sustained $10 weekly increase would result in $520 of additional annual spending per driver, and households with multiple drivers could see costs rise by more than $1,000 [1]. At the mid-May price peak, residents in 47 states were paying at least $10 more per week compared to mid-February, and those in 11 states were paying at least $20 more [1]. The variation across states is driven largely by differences in fuel consumption. Wyoming drivers average more than 22,000 miles per year, well above the national median of 14,700 miles, and four of the five most popular new vehicles in the state in 2025 were pickup trucks [1]. California drivers, by comparison, average about 12,000 miles annually and favor more fuel-efficient models such as the Toyota Camry and Honda Civic [1]. The current price shock echoes the 1973 oil crisis, when an OPEC embargo caused prices to rise by nearly 300%, from $3 per barrel to nearly $12 globally [5]. That event reshaped energy policy and consumer behavior for decades. The 2026 disruption has already prompted concerns about inflation and recession, with a United Nations Development Programme study estimating the war could reduce economic growth in Arab nations by $120 billion to $194 billion in GDP [3]. NerdWallet Senior Economist Elizabeth Renter noted that highly visible gas prices have a direct effect on overall economic sentiment. "In this way, higher and higher gas prices can have a compounding economic impact," Renter said [1].
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Background sources we checked (9)
- en.wikipedia.org ↗ The 2026 Iran war fuel crisis is a worldwide fuel crisis caused by the war between Iran and the U.S.-Israel coalition. The closure of the Strait of Hormuz, through which around 20% of the world's oil trade passes, and attacks on energy infrastructure in Iran and several Gulf Coop…
- en.wikipedia.org ↗ The 2026 Iran war, including the closure of the Strait of Hormuz, has led to what the International Energy Agency has characterized as the "largest supply disruption in the history of the global oil market". The conflict has echoed the 1970s energy crisis through acute supply sho…
- en.wikipedia.org ↗ A data center is a physical room, building, or facility for the purpose of the storage, management, and dissemination of data and information, including training artificial intelligence, housing IT infrastructure, computer systems, and associated components. The Energy Independen…
- en.wikipedia.org ↗ In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale…
- en.wikipedia.org ↗ The following is a list of pipeline accidents in the United States in the 2010s. It is one of several lists of U.S. pipeline accidents. See also list of natural gas and oil production accidents in the United States.…
- en.wikipedia.org ↗ The Inflation Reduction Act of 2022 (IRA), Pub. L. 117–169 (text) (PDF), is a United States federal law which aimed to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting renewable energy. It was p…
- en.wikipedia.org ↗ The Alabama Hills are a range of hills and rock formations near the eastern slope of the Sierra Nevada in the Owens Valley, west of Lone Pine in Inyo County, California. Though geographically separate from the Sierra Nevada, they are part of the same geological formation.…
- en.wikipedia.org ↗ Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Morristown, New Jersey, with approximately $64 billion in assets. Its principal subsidiary, Valley National Bank (also doing business as Valley Bank, or just Valley), curre…
- en.wikipedia.org ↗ Trinity Health is an American not-for-profit Catholic health system operating 92 hospitals in 22 states, including 120 continuing care locations encompassing home care, hospice, PACE and senior living facilities. Based in Livonia, Michigan, Trinity Health employs more than 120,00…
Sources
- nerdwallet.com — Data: 2026 Gas Costs (Not Just Pump Prices) Hit Some States Harder ↗