Americans spend $111.05 billion more on gas and diesel in 2026

  • Patrick De Haan shared updated gasoline and diesel spending figures for American consumers.
  • Americans spent $111.05 billion more on gasoline and diesel in 2026 than the prior year.
  • Gasoline averaged $4.371 nationally, while diesel averaged $6.315 on Wednesday.

U.S. consumers have spent $68.1 billion more on gasoline and $43.0 billion more on diesel since March 1 than during the same period last year, according to figures shared by gas industry expert Patrick De Haan. Combined spending is reported at $111.05 billion more in 2026, or about $252 for each of the 269.8 million U.S. adults over six months, equivalent to roughly $42 a month. The estimate likely understates the burden on drivers because it includes all adults, including people who do not drive and electric-vehicle owners, while excluding teenage drivers. National gasoline prices averaged $4.371 a gallon on Wednesday, just below the record of $4.566, while diesel averaged $6.315. De Haan said diesel could reach $6.50 within 48 hours and that new records could be set this weekend. California and other states have already seen diesel exceed $8 a gallon, raising the possibility of $10 prices in California. Higher transportation costs could also feed into prices for groceries and other retail goods.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.