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




