GEORGIA — An analysis by Brown University estimates that since the start of the Iran war in February, Americans have paid more than $94 billion extra for gas and diesel.
The university’s analysis reported that Georgians have paid an extra $1.41 billion for gas than they normally would have as a result of the war in Iran.
The figures presented by the Watson School of International and Public Affairs at Brown University are based on price changes since the beginning of the conflict in February.
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For Georgians, the analysis estimated each household spent roughly $352 more on gas than would otherwise have been spent.
Over the 183 days since Feb. 28, when the conflict began, Brown University said gas prices had gone up nearly 36%, just under an extra $1 per gallon in Georgia.
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At the start of the conflict, gas prices in Georgia were $2.78 per gallon.
The current average price in Georgia is $3.78, using the AAA daily price tracker for data input in the Brown University analysis.
Diesel price differences were more dramatic, according to the university analysis.
While gasoline for normal vehicles was about 36% higher, diesel prices were nearly 55% higher in the same span of time.
For commercial drivers, such as truckers or farmers, that added up to an extra $1.09 billion spent on diesel since the start of the Iran war.
Spending per household on diesel was up $270.76 in Georgia.
At the start of the Iran war, diesel in Georgia was priced at $3.52. The current cost, according to the study and AAA data, was $5.46 per gallon of diesel.
The overall methodology for Brown to put the data together used a combination of AAA price data, consumption data from U.S. Energy Information Administration and census household data.
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