Fuel Prices Are Slamming Consumers Even as Crude Crisis Fades

A sign displays the prices of unleaded and premium gasoline at a Shell gas station in Los Angeles, California, US, on Thursday, July 2, 2026. Americans hit the peak of the summer driving season this July 4 holiday weekend wincing at the cost of gasoline, still running nearly a dollar a gallon higher than before the war with Iran despite falling sharply in recent weeks.