Gas Prices Surge Past $4 a Gallon

0:00It's March 31st, Canada news today starts now, AI powered and ready. U.S. gas prices just broke past $4 a gallon on average for the first time since 2022. AAA reports the national average for regular gas at $4.02, more than a dollar higher than before the Iran conflict started. That war kicked off February 28th, with U.S. and Israeli forces jumping in, echoing the price spike after Russia's Ukraine invasion nearly four years back. Drivers in some states have already been shelling out well over $4 for weeks now. Folks are feeling the burn at the pump, squeezing household budgets already stretched by higher living costs. Businesses too, from trucking to delivery, are passing on those expenses or trimming elsewhere to stay afloat. Crude oil, the backbone of all this, has been on a wild ride with sharp spikes from Middle East supply cuts and disruptions. Prices swing daily as producers pull back amid the chaos. As tensions simmer in the region, expect those pump numbers to keep fluctuating.

1:01Drivers tighten those belts while we watch how this plays out.