Gas Price Impact Calculator

For someone driving 1,200 miles/month at 30 MPG (40 gallons/month), a $0.50/gallon increase costs an extra $20/month or $240/year.

Gas prices are primarily driven by crude oil prices, refinery capacity and costs, regional taxes, seasonal demand (summer driving season), and global events affecting oil supply.

The impact is immediate — every fill-up reflects current prices. A sustained $1.00/gallon increase costs the average driver $480–$600 extra per year.

The EIA (eia.gov) publishes weekly national and regional average gas prices. GasBuddy tracks real-time local prices, and AAA's Fuel Gauge Report provides daily averages.