News Summary

• Global tensions are pushing up energy prices, resulting in higher costs for beef and the propane used to fuel backyard grills.
• The national average for a gallon of gas now stands at approximately $4.09, up roughly 93 cents from just one month ago.
• Propane prices at the Mont Belvieu hub, the industry benchmark for this type of power, have surged nearly 19% since the conflict began in late February.
• According to U.S. Department of Agriculture data, the average price of beef in grocery stores climbed from about $8.70 per pound in March 2025 to $10.08 a year later.