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As of March 23rd, the national average for regular gasoline stood at $3.96 per gallon, representing a surge of $1.02 throughout the month of March.\n\nConsiderations\n\nThe EIA projects crude oil prices could push retail gas prices to around 70¢ per gallon higher in the second quarter of 2026, though these projections rest on assumptions including that shut-in oil production will peak in early April and transit through the Strait of Hormuz will improve. The EIA suggests gasoline prices are already near their peak and will mostly moderate for the rest of 2026. 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