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Gas Prices Plummet to 5-Year Low
Published 1 week, 2 days ago
Description
Gas prices plummet to nearly five-year low, offering relief to drivers as we enter 2026. The national average for a gallon of regular gasoline dropped to $2.83 on New Years Day, the lowest since March 2021. Prices have been steadily declining since October, with forty states now averaging below $3.00, including ten under $2.50 and seven under $2.45. Oklahoma leads at $2.25, followed by Iowa at $2.37, Colorado at $2.38, Arkansas at $2.41, and Texas at $2.44. Low crude oil prices and steady supplies promise more predictable budgets ahead.
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