Katerina Swanson
Gas prices have been a significant concern for consumers in recent years, with prices at the pump fluctuating and impacting travel and commuting costs. As of July 2025, the average gas price in the US is $3.15 per gallon, a decrease from the previous year's average of $3.51. This decrease is attributed to slowing demand, with the Energy Information Administration (EIA) projecting lower Brent crude oil spot prices for 2025. While prices vary across states, with California and Hawaii among the most expensive and Mississippi and Texas offering cheaper options, consumers can also maximize their savings by purchasing gas on specific days, such as Mondays, which tend to be cheaper than Fridays and Saturdays.
| Characteristics | Values |
|---|---|
| Current price | $3.15 per gallon |
| Change from yesterday | Down $0.01 |
| Change from last week | Down $0.05 |
| Change from last month | Up $0.01 |
| Price one year ago | $3.51 per gallon |
| Price change since 2023 | Down $0.20 |
| Predicted price for 2025 | $3.20 per gallon |
| Areas with highest prices | West Coast states, California, Hawaii |
| Areas with lowest prices | Mississippi, Texas |
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What You'll Learn
Gas prices vary across the US
Gas prices vary significantly across the United States, with various factors influencing the discrepancies. As of August 25, 2023, the average price of gas in the US was $3.15 per gallon, a decrease from the previous day and week, although slightly higher than the previous month.
Several factors contribute to the variation in gas prices across different states. Local taxes, refinery access, and supply disruptions are some of the key influences. For example, West Coast states like California tend to have higher gas prices due to higher taxes and other factors. On the other hand, states in the South and Midwest generally offer cheaper gas prices.
California and Hawaii currently have the highest gas prices in the country. In contrast, Mississippi and Texas provide the most affordable fill-ups. The difference in prices across these states can be significant, with California's gas prices notably higher than those in Mississippi.
To manage fuel costs effectively, many drivers utilise gas apps, which offer real-time price information and rewards programs. Popular apps such as GasBuddy, Waze, and Google Maps assist users in locating the cheapest gas stations in their vicinity. These apps have become valuable tools for planning road trips and avoiding overpaying for gas, as prices can vary drastically between locations.
While gas prices have been on a general downward trend since 2022 due to slowing demand, the Energy Information Administration (EIA) predicts an increase in global consumption of liquid fuels in 2025. This anticipated rise in demand may impact gas prices in the future, although it remains below the average annual oil demand growth observed from 2021 to 2023.
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California has the highest prices
California has some of the highest gas prices in the US, with prices often exceeding the national average by more than a dollar per gallon. Several factors contribute to this high price, including state taxes and fees, environmental requirements, special fuel requirements, and isolated petroleum markets.
Drivers in California pay the highest taxes at the pump, with an average of $0.90 per gallon in local, state, and federal taxes as of March 2025. Federal taxes, which are the same for each state, account for $0.18 of this amount, while the remaining $0.72 is made up of state excise tax, state sales tax, and an underground storage tank fee. California's state gasoline excise tax is the highest in the country, with an average of $0.60/gal compared to the $0.28/gal average across all other states.
In addition to taxes, California's environmental compliance costs add a significant amount to the price of gasoline. The California Energy Commission estimates that these costs can add up to $0.54/gal. The state's Cap-and-Trade Program and Low Carbon Fuel Standard reflect the costs associated with fuel supplier emissions and carbon intensity, which ultimately get passed on to consumers. California also mandates a special blend of gasoline designed to reduce pollution and improve air quality. This blend is more expensive to produce because it requires additional processing steps and costly blending components. Due to these requirements, California primarily relies on in-state refineries for its gasoline supply.
The state's isolated petroleum markets also contribute to higher gas prices. Most of the gasoline consumed in California is refined within the state due to a lack of petroleum infrastructure connections. California is geographically isolated from other refining centers, with no pipelines supplying the state across the Rocky Mountains and only a limited number of pipelines delivering to the West Coast from the Gulf Coast. California's fuel supply is expected to tighten further in the coming years as several refineries in the state are scheduled to close. These various factors combine to make California's gas prices consistently higher than in most other states.
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Mississippi has the lowest prices
As of July 1st, 2025, the average price of gas in the US is $3.15 per gallon. This price has been steadily declining each year since 2022 due to slowing demand. The Energy Information Administration (EIA) predicts that this downward trend will continue, forecasting an average price of $3.20 per gallon in 2025.
While gas prices vary across the US, Mississippi currently boasts the lowest prices at the pump. Mississippi and Texas are known for offering cheaper fill-ups, with prices that are often well below the national average. This is in stark contrast to states on the West Coast, such as California and Hawaii, which consistently rank among the most expensive states for gasoline.
There are several factors contributing to the lower gas prices in Mississippi. Firstly, the state has a relatively low tax rate on gasoline compared to other states, which immediately makes a difference at the pump. Additionally, Mississippi's proximity to major refineries along the Gulf Coast provides easier access to refined petroleum products, reducing transportation costs and resulting in lower prices for consumers.
The competition among gas stations in Mississippi also plays a role in keeping prices low. With numerous stations vying for customers, prices are often competitive, benefiting local drivers and travelers passing through the state. Furthermore, Mississippi's relatively low cost of living compared to other states may contribute to keeping gas prices more affordable for residents.
While Mississippi currently offers the lowest gas prices, it's important to note that prices can fluctuate rapidly due to various factors, including changes in supply, refinery access, and local taxes. Therefore, staying informed about gas prices and planning gas stops accordingly can help drivers maximize their savings when on the road.
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Prices are falling year-on-year
Gas prices have been on a downward trajectory since 2022, and this trend is set to continue. This is, of course, good news for consumers, who have seen prices drop by around 20 cents per gallon between 2023 and 2024. The Energy Information Administration (EIA) predicts that this downward trend will continue, forecasting an average price of $3.20 per gallon in 2025. This is a significant decrease from the 2024 average of $3.40 per gallon.
This decrease in prices can be attributed to a variety of factors, including slowing demand and lower oil prices. The EIA's "Short-Term Energy Outlook" report projected that Brent crude oil spot prices would average $74 per barrel in 2025, a decrease from the 2024 average of $80 per barrel. This decrease in oil prices, which are a major factor in determining gas prices, is likely a key contributor to the overall decrease in gas prices.
While prices are falling year-on-year, it is important to note that there are still fluctuations and variations across regions. For example, gas prices can vary widely across the United States, with West Coast states like California typically having higher prices compared to the South and Midwest. These regional differences can be influenced by factors such as local taxes, access to refineries, and supply disruptions.
Additionally, the day of the week can also impact gas prices, with Mondays typically being the cheapest day to fill up and Fridays and Saturdays being the most expensive, according to a survey by GasBuddy. Overall, while the year-on-year trend is showing a decrease in gas prices, consumers can still benefit from implementing strategies to maximize their savings, such as choosing the right day to fill up and taking advantage of loyalty programs or cash-back credit card rewards.
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Save money by choosing the right day
The price of gas varies across different states, with California having the highest average price per gallon at $4.38, and Oklahoma the lowest at $2.56. Even within the same town, there can be significant price disparities, so choosing the right day to fill up your tank can make a big difference in how much you spend.
Firstly, it is worth noting that gas prices tend to be higher in the West and lower in the Midwest and central states. Therefore, if you are planning a trip, you can check ahead to see where prices are lower along your route. In general, gas stations located just off a highway exit or in the middle of a major city tend to charge more than those that are a little more out of the way.
Secondly, there are certain days of the week when gas prices tend to be lower. While this can vary by region and is subject to change, historical data shows that gas prices tend to be cheaper on Mondays and more expensive on Fridays and Saturdays. This is likely due to demand fluctuations, with more people travelling during the weekends.
Thirdly, you can take advantage of rewards programs and apps to find the best deals on gas. For example, grocery store rewards programs like those offered by Safeway, Kroger, Albertsons, and Stop & Shop allow you to earn discounts on fuel at participating gas stations. Warehouse stores like Costco, Sam's Club, Walmart, and BJ's also offer discounted gas to members. Additionally, gas rewards credit cards can provide significant savings, with some cards offering introductory bonuses or a certain percentage of cash back on each dollar spent on gas.
Lastly, consider changing your driving habits to reduce your gas consumption. This includes maintaining your vehicle, driving at constant speeds, and staying within speed limits. Using cruise control on highways can help you maintain a steady speed, improving your gas mileage. In addition, removing excess weight from your vehicle, keeping your tires properly inflated, and reducing wind resistance by keeping your windows up at higher speeds can all contribute to lower gas usage.
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Frequently asked questions
As of July 1st, 2025, the price of gas in the US is $3.15 per gallon.
Gas prices have been steadily falling each year since 2022 due to slowing demand. In 2024, gas prices were about 20 cents less per gallon than in 2023.
Local taxes, refinery access, and supply disruptions can all cause gas prices to fluctuate.
According to a survey by GasBuddy, gas is usually the cheapest on Mondays, while Fridays and Saturdays are typically the most expensive.
