ET 12:33

Gas Prices Remain Near 4-Year Low; Lowest in Oklahoma, Highest in California

IMP4.0
SNT+1.0
CONF80%
Macro

The U.S. Energy Information Administration reported Tuesday that the national average price of regular gasoline is at its lowest level since spring 2021, settling at $2.90. Prices have remained below $3 per gallon for 11 consecutive weeks, the first such stretch since May 2021. State-level data from AAA shows Oklahoma with the cheapest average at about $2.50, followed by Arkansas, Kansas, and Mississippi. In contrast, California, Hawaii, and Washington are above $4 per gallon, with Oregon, Nevada, and Alaska also among the most expensive. Variations reflect differences in fuel taxes—over 17% of the price in late 2025—proximity to refineries and pipelines, and special fuel blends like California’s required cleaner-burning gasoline.

EditorTan Wei Jie