U.S. Gas Prices Near $5 as 14-Week Supply Decline Continues
Gas prices in the U.S. are approaching four-year highs, with gasoline inventories declining for 14 consecutive weeks and no immediate relief expected if shipping disruptions at the Strait of Hormuz persist. WTI crude has remained above $100 per barrel since April 2, 2026, contributing to a structural supply deficit.
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Topics: consumer spending gas prices inflation inventory declines supply chain disruption