As of January 2026, gasoline prices in the United States have reached their lowest levels in years. The national average has dropped below the $3.00 mark, a significant decrease from the volatility seen in 2022 and 2023.

National Average & Trends

The current national average for a gallon of regular unleaded gasoline is approximately $2.85. Analysts from both the EIA (Energy Information Administration) and GasBuddy project that 2026 will be the fourth consecutive year of declining prices.

  • Yearly Forecast: Experts predict a yearly average of $2.92 to $2.97 per gallon.

  • Seasonal Expectations: Prices are expected to follow a “normal” seasonal rhythm, potentially peaking in the low $3.20s during the spring (May/June) before dipping as low as $2.80 by December.

  • Key Drivers: The downward trend is largely attributed to lower crude oil prices (averaging in the $50–$60 range) and a steady increase in domestic oil production.


Regional Variations

While the national average is low, prices vary significantly depending on local taxes and refinery proximity.

Region Status Top States (Highest) Top States (Lowest)
West Coast Highest Hawaii ($4.41), California ($4.21)
Gulf Coast Lowest Oklahoma ($2.32), Texas ($2.42)
Rockies/Midwest Moderate Washington ($3.80) Kansas ($2.43), Arkansas ($2.43)

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