Thursday, August 27, 2026

The Iran War has Cost Americans $142 Billion

The Editor: The regular price of gasoline regular is 28.7 % higher today than it was one year ago.  Diesel is 51.8% higher than it was one year ago.

The USA consumes 374 million gallons of gasoline per day.

The cost of gasoline Since February 29, 2026 has been $4.16 per day, with the price being at $2.98 on March 1, 2026.

The cost of gasoline as a result of the Iran war has been $441,320,000.00 per day for a total of $80,320,240,000.00 for the duration of the war, that is March 1, 2026 to August 27, 2026.

The USA consumes 177 million gallons of diesel per day.

The cost of diesel at the start of the Iran war was about $3.70.

The cost of diesel as a result of the Iran war has been $339,840,000.00 per day for a total of $61,850,880,000.00 for the duration of the war, that is March 1, 2026 to August 27, 2026.

The extra cost of gasoline and diesel has cost Americans a total of $142,171,120,000.00 or $142 billion during the course of this war.

All diesel users are paying 51% more for fuel as a result of the war, that includes freight, farming and other users of diesel.


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