U.S. gas prices hit highest level since start of Iran war
US gas prices hit $4.23 high as Hormuz fears drive oil surge (theguardian); U.S. Gas Prices Climb Further as Effects of War Reverberate (nytimes)
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2 bills on this issue are moving right now — and the most active one is Western Refined Fuel Reserve Act of 2025.
S3407 · 119th Congress
Western Refined Fuel Reserve Act of 2025
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About this bill
What S3407 actually does
This story is about US gas prices reach highest level since 2022. This bill would create storage/operational authority for that reserve.
If passed, it would:
- Direct DOE to establish a “Western Refined Fuel Storage Reserve” as part of the Strategic Petroleum Reserve framework • Create storage/operational authority for that reserve (as specified in the bill text.
1 other bill moving on this issue
Take action on any of them individually.
This story is about U.S. gas prices rising to $4.23 per gallon after oil supply disruptions linked to Iran. This bill would ban sales or exports of Strategic Petroleum Reserve oil to Iran and other named adversaries, with a limited waiver only for national security certification.
If passed, it would
- Prohibit SPR oil sales to Iran, Russia, China, North Korea • Allow Energy Secretary to waive ban after national security certification.
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