White House worries as gas prices jump amid ongoing US-Israel war on Iran (www.theguardian.com)

submitted 2 weeks ago by MicroWave@lemmy.world to c/politics@lemmy.world

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US drivers are largely insulated from higher oil prices caused by Middle East turmoil – but only to a point

Across the US, the average cost of a gallon of regular gasoline has jumped nearly 27 cents in a week, to $3.25, and American consumers are bracing for higher prices at the gas pump as the US-Israel conflict with Iran threatens to disrupt the global oil supply.

That fear has entered the White House too, where Donald Trump’s chief of staff, Susie Wiles, is reportedly hunting for ideas to lower gasoline prices and officials are getting “screamed at” to bring good news, according to Politico.

War in oil-rich countries used to cause panic at US gas stations. Those fears have subsided somewhat as the US has become the world’s largest crude oil producer. And, despite this week’s price hikes, American consumers are somewhat insulated from the global energy shock. The supply cushion has its limits, but those limits are high: US producers can ramp up production quickly if high oil prices are sustained, and the White House is under immense pressure to keep prices low as the conflict continues.

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[-] Treczoks@lemmy.world 2 points 2 weeks ago

If those American monster pickup drivers would see fuel prices here in Europe, they would probably get seizures. Some places here are approaching 3 dollars per litre.

Maybe that is one of the reasons why American gas guzzlers don't sell here.

[-] Soulphite@reddthat.com 3 points 2 weeks ago

You'll have to explain to the dumbfuck that a litre is LESS than a gallon, otherwise they'll fire back saying some ignorant shit.

[-] b34k@lemmy.world 1 points 2 weeks ago

I just filled up last night and it was closer to $6 per gallon, with a few places (known tourist trap spots) going up to almost $7. These are the highest I remember seeing in my lifetime, so it’s definitely leaving a lasting impression

As an aside, this was the year I was supposed to go solar and get an EV… but Trump killing the Biden credits, my timelines may have to be pushed back. But with energy prices skyrocketing due to war (or threatening to due to AI data center buildout) it feels like a more urgent need than ever

[-] taiyang@lemmy.world 0 points 2 weeks ago

That was my plan with EVs too, and also just the selection isn't great. The range keeps releasing on new models at lower than anticipated ratings. They were even killed Chevy's compact car with the promise they might return to it if they ever get their new battery made. Ugh, bad years for all this.

[-] b34k@lemmy.world 1 points 2 weeks ago

I’m just jealous we can’t bring in those sexy cars from BYD…

[-] hanrahan@slrpnk.net 1 points 2 weeks ago

plenty of choices in the wider world, it's just America's fear competiton

[-] VerilyFemme@lemmy.blahaj.zone 1 points 2 weeks ago* (last edited 2 weeks ago)

(these are $50 for 400ct on Etsy btw)

[-] ReluctantlyZen@ani.social 1 points 2 weeks ago* (last edited 2 weeks ago)

I doubt they're actually worried. Their donors are probably getting rich from this, so it's all according to plan

[-] socsa@piefed.social 1 points 2 weeks ago* (last edited 2 weeks ago)

It's just stupid all the way down. It's stupid that gas prices are even a primary political issue in the US, and it's really, really fucking stupid that the Trump fascists didn't realize that bombing the middle East would be a political liability.

[-] morgan_423@lemmy.world 1 points 2 weeks ago

Oh no! Who could have possibly predicted that starting a new war in the middle east would raise gas prices?

[-] ShaggySnacks@lemmy.myserv.one 1 points 2 weeks ago

Clearly no one! Except like everyone else outside of MAGA.

[-] crystalmerchant@lemmy.world 1 points 2 weeks ago

Get the fuck off oil already. I understand there are powerful corporate lobbying interests who benefit enormously from continued oil dependence but GOD DAMN if the US fed govt would just wake the fuck up and realize how much power there is in energy independence...

[-] FoxtrotDeltaTango@sh.itjust.works 1 points 2 weeks ago

this post was submitted on 08 Mar 2026

4 points (100.0% liked)

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