Gas Prices Soar Amid Global and Domestic Crises | Portland Maine News

Gas prices are surging again, hitting $4.15 a gallon for regular and even higher for diesel, driven by global supply chaos tied to Iran’s conflict and U.S. demand for heavy crude. Refineries on the Gulf Coast struggle with lighter domestic oil, worsening shortages. A new Venezuela deal could eventually ease pressure by supplying heavier crude and replenishing the Strategic Reserve. While ending Iran’s turmoil might help, the focus remains on boosting U.S. refining and balancing energy needs with consumer affordability. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6121f70fee13e575