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Pressure at the Pump: Will High Gas Prices Shake the U.S. Economy?

2 June 2026
2 min read
By Broadridge Content

Originally from Broadridge Content. Read the original article on the publisher’s site.

Gas prices have skyrocketed due to the Iran war, reaching levels not seen since the Russian invasion of Ukraine in 2022. The national average price of a gallon of unleaded gasoline increased from $2.98 in late February 2026 to more than $4.50 over the Memorial Day weekend — the start of the summer driving season, when gas prices typically rise even in the best of times. 1