Drivers across Alabama are continuing to see pump prices rise due to the conflict between the United States and Iran.
The United States began combat operations against Iran in February. In response, Iran has halted the passage of oil tankers through the Strait of Hormuz. Iran has also bombed oil and gas infrastructure in the Middle East.
According to AAA, the average price of unleaded gasoline on Tuesday was $4 per gallon in Alabama. The average price of unleaded in Alabama was only $2.74 a year ago, according to AAA.
The average price of diesel in Alabama was $5.26 per gallon, up from $3.29 a year ago.
The national average of unleaded gasoline on Tuesday was $4.48.
Bart Fletcher, president of the Petroleum and Convenience Marketers of Alabama (P&CMA), told 1819 News on Tuesday the gas price increases were “100%” due to the Iran conflict.
“The petroleum products market is a global market, and because there are other players in that market who want to get absolutely as much money for their products as they can, they’re selling them to other people, which is driving the price up,” Fletcher said. “There’s absolutely no product supply problems and I have not heard of anything that would cause us to believe that anything is imminent or that type of thing. Right now, there’s plenty of gasoline being refined in the United States. We have an adequate supply; nobody should worry about that, but the retail price will be impacted because of events going on around the world.”
To connect with the author of this story or to comment, email [email protected].
Don't miss out! Subscribe to our newsletter and get our top stories every weekday morning.