🇺🇸 THE IRAN WAR JUST ADDED $560 TO AMERICA’S GAS BILL U.S. gas prices have surged roughly 44% since before the Iran war, adding about $1.25 to the average gallon. Some states are getting absolutely mauled: Iowa is up 69.1%, Oklahoma 68.8%, Colorado 62.2% and Minnesota 61.8%. California had the smallest percentage jump and still sits at $5.59 a gallon. Behind it is Hormuz, where the disruption has reportedly knocked roughly 10 million barrels of oil per day out of the market. For the average American driver, that extra $1.25 works out to around $560 a year. Wars thousands of miles away have a remarkable habit of eventually finding your wallet. Source: zerohedge, VisualCapitalist / Writer: Oliver
2w
🇺🇸 THE IRAN WAR JUST ADDED $560 TO AMERICA’S GAS BILL U.S. gas prices have surged roughly 44% since before the Iran war, adding about $1.25 to the average gallon. Some states are getting absolutely mauled: Iowa is up 69.1%, Oklahoma 68.8%, Colorado 62.2% and Minnesota 61.8%. California had the smallest percentage jump and still sits at $5.59 a gallon. Behind it is Hormuz, where the disruption has reportedly knocked roughly 10 million barrels of oil per day out of the market. For the average American driver, that extra $1.25 works out to around $560 a year. Wars thousands of miles away have a remarkable habit of eventually finding your wallet. Source: zerohedge, VisualCapitalist / Writer: Oliver
2w
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