Since January 2026 wholesale gasoline prices have risen just under a dollar as of March 5, an increase of more than 40%. Of course the biggest spike has come in the past week with the war in Iran prompting a steep run up.
The price increases are hitting both jet fuel and diesel prices with jet fuel reaching $4/gallon today.
California gas prices as well as diesel are up about 40 cents from a month ago says AAA.
