The price of crude oil futures are settling at $84.91. That is up $1.68 or 2.02%. The price has been up six or last seven trading days. On July 2, the low price for the cycle was reached at $67.04. Since then the price is up 25.48%.The AAA price of a gallon of gas reached a low of $3.78 on July 7. The current average price is $4.02.February 27, 2026:$2.98 per gallon for regular unleaded. This marked the period just before geopolitical tensions in the Middle East began driving oil and gasoline prices sharply higher. January 20, 2025 (the start of President Trump's second term): Approximately $3.10 per gallon. AAA's weekly reports show the national average was $3.10 on January 16 and $3.13 on January 23, placing the January 20 inauguration-day average at roughly $3.11 per gallon. This article was written by Greg Michalowski at investinglive.com.