India, Sept. 21 -- US gas prices have jumped sharply ahead of the midterm elections. The average price of regular gasoline in the US reached $4.32 per gallon last Monday, according to the latest weekly data from the Energy Information Administration (EIA). The price has risen by nearly 25 cents in just two weeks.

The $4.32 price is unusually high for this point in an election year. EIA data going back to 1990 shows that US gas prices are higher at this stage of the election cycle than in any recent election year, according to Yahoo Finance's analysis. There are only 49 days left before the midterm election.

The second-highest gas price at this point before an election was $3.88 per gallon in 2012. The third-highest was $3.65 in 2022. Bo...