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Index/Topics/2022 Gasoline Price Spike

2022 Gasoline Price Spike

The primary cause of the 2022 gasoline price spike in the U.S., considering federal actions and global market factors.

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Jan 21, 2026

How did U.S. federal policies (leasing, SPR releases, emissions rules) affect 2022 gasoline costs?

Federal actions in 2022—leasing decisions, Strategic Petroleum Reserve (SPR) releases, and vehicle-emissions/efficiency rules—mattered, but they were not the primary drivers of the spike in pump price...

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