It’s hardly surprising that gas prices are up in the United States. After a showdown with Iran ended in attacks that spread to other Gulf states, the Strait of Hormuz is a dangerous place to be, and shipping crude from the world’s biggest producers of energy is going to be a perilous business for a while.
As of Monday, the national average for agallon of gaswas $3.54, according to theAAA’snational average, up $0.62 from a month ago.
A barrel of oil briefly surpassed $100 for the first time since the Russian invasion of Ukraine, asCNBCnoted, before falling once it looked as if the conflict wouldn’t be prolonged. It’scurrentlyat $84.27, still up from pre-hostility levels of between $60 and $70 for most of the prior months.
It’s perfectly natural for Americans to be worried about oil prices at the moment while realizing what the endgame is — as President Donald Trump pointed out in a message on Truth Social earlier this week.
“Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace,” he wrote on Sunday.
“ONLY FOOLS WOULD THINK DIFFERENTLY!” he added.
“ONLY FOOLS WOULD THINK DIFFERENTLY!” – President Trumppic.twitter.com/HjldnKcVoY
— An0maly (@LegendaryEnergy)March 8, 2026
Agreed. Andunlike the war in Ukraine— a completely avoidable conflict via deterrence, if the Biden administration had projected any kind of strength in terms of foreign policy — there was eventually going to be conflict with Iran, at least with the mullahs in Tehran on the trajectory they’re on now.
The question, therefore, isn’t whether you want a blip in gas prices. It’s more a matter of whether you want that blip now or later.
Source: VidNews » Feed
