US Gasoline Pump Prices Jump to Highest Level Under Trump

Cars line up at a gas station in Linden, New Jersey.

Photographer: Kena Betancur/Bloomberg

US gasoline pump prices advanced to the highest level at any time under President Donald Trump, with the conflict in the Middle East disrupting energy supplies.

The average retail price of gasoline rose to $3.32 gallon on Thursday, according to the American Automobile Association. Futures have also rallied 27% this week and are on track for the biggest weekly advance since March 2022.