U.S. Gas Prices Ease Slightly to $4.13 National Average as Ceasefire Holds

April 12, 2026 — U.S. Gas Prices Ease Slightly to $4.13 National Average as Ceasefire Holds.

Temporary Relief at the Pump

U.S. gas prices have eased slightly during the ceasefire period, with the national average falling from $4.16 to $4.13 per gallon. However, the failed Islamabad talks and Trump's blockade announcement threaten to reverse these gains. If crude oil surges past $100 on Monday, pump prices could climb back above $4.25 within one to two weeks. California remains the most expensive state at $5.89, while Oklahoma offers the cheapest gas at $3.45.