Rising Gas Prices and Stubborn Inflation Pose Growing Threat to Trump Ahead of 2026 Midterms

By Hussein Al-Najaar

Aug 18, 2026

∙ Paid

The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges due to the Iran war.

As of mid-August 2026, the national average price of a gallon of regular gasoline in the United States stands at approximately $4.06, according to AAA data. This marks a return above the psychologically significant $4 threshold after earlier fluctuations, with prices having climbed roughly 7–8 cents over the preceding week amid ongoing disruptions in gl…

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