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   Don't bet on lower gas prices
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   Plus: OpenAI is having a Bernie Sanders moment.
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          Monday, April 13, 2026
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           Oli Scarff / 
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          Americans may be stuck with $4 gas for a while
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          Americans pulling into gas stations across the country are getting used to paying at least $4 per gallon. That probably won't change soon, even with a temporary truce in 
the Iran war.
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          Last Tuesday, the U.S. reached a two-week ceasefire agreement with Iran while officials negotiated an end to a month-long war that killed more than 5,000 people, mostly in Iran and Lebanon. During the war, Iran carried out missile attacks on oil facilities and other energy infrastructure that caused drastic production cuts in Saudi Arabia and other Persian Gulf nations.
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          An ensuing spike in gas prices has been among the most visible ways that Americans experienced the fallout of the
conflict. Gas prices move in tandem with crude oil, rising quickly like a rocket and falling gently like a feather in a trend that energy analysts labeled "rockets and feathers."
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          Part of the lag can also be explained by the amount of time necessary for oil to be refined into gasoline, shipped to a distribution center, and finally transported for sale at gas stations across the country. Gas prices reflect the expensive crude it was refined from.
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          Following the ceasefire announcement, oil prices 
slid close to 20%. Some energy analysts believe it will take at least two weeks for gas prices to reflect the recent drop in the cost of crude oil.
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                   Planning Your Retirement?
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                  <strong>
                   The Definitive Guide to 
Retirement Income
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                  from Fisher Investments can help you design a strategy to support your ideal lifestyle.
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                            No. Oil supply is forever changed
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style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">No. Oil supply is forever changed</a><![endif]-->
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