Gas prices have reportedly reached a four-year high. National average is $4.176 per gallon and $5.461 for diesel. Diesel prices have soared nearly $2 per gallon in past year. Gas prices started to level off as the war in Iran seemed to be coming to a close. However, things now appear to be at a stalemate with the Strait of Hormuz effectively closed. Given the lack of resolution, it’s little surprise to see gas prices are climbing once again. According to AAA, the national average price of a gallon of gasoline has jumped to $4.176, which is 6.5 cents more than yesterday. More: Gas Was $2.98 A Month Ago. It Just Crossed $4 For The First Time Since 2022 That’s a pretty big jump in 24 hours and the price is up 15.4 cents from a week ago and 20 cents from a month ago. More tellingly, gasoline was averaging $3.150 per gallon a year ago, so drivers are looking at a $1.026 increase, which equates to a 33% increase. Furthermore, ABC News reports that the average of $4.176 per gallon is a four-year high. While gas prices are up significantly, they pale in comparison to diesel. The average cost is now $5.461 per gallon, which is $1.925 more than a year ago. Things are so bad that the price of diesel is approaching its all-time high of $5.816, which was set on June 19, 2022. AAA As always, prices vary significantly by location. California drivers are shelling out an average of $5.965 per gallon for gasoline, while diesel is $7.480. That stands in stark contrast to Oklahoma, where gas is $3.634 per gallon and diesel is $4.731. Both prices are well-below the state’s all-time highs of $4.666 and $5.303. It remains unclear when the situation will improve, but President Trump claimed “Iran has just informed us that they are in a ‘state of collapse’” and they want the United States to open the Hormuz Strait as soon as possible, while they “figure out their leadership situation.” Of course, it’s not clear if that’s true or what it means.