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Gas price calculator shows how far your money goes
WGAL • • business
Key Points:
- Gas prices have significantly increased since the U.S. war with Iran began in February, with the average price of regular gasoline reaching $4.36 in September.
- The Get the Facts Data Team developed a gas price calculator that allows consumers to see how many gallons their usual spending would have bought at different times this year based on monthly average prices.
- Inflation is a major factor in gas affordability, with the gasoline index rising 34.2% year over year as of September, contributing to over half of the monthly increase in overall inflation.
- The overall inflation rate worsened to 3.7% year over year in September, driven in part by sustained high oil prices linked to the ongoing conflict with Iran.
