Regan Brown
The price of a gallon of gas is a highly variable figure, influenced by factors such as taxes, transportation costs, supply chains, and local regulations. As of June 2025, the average price of gas in the US was $3.19 per gallon, with state prices ranging from $2.69 in Mississippi to $4.65 in California. Gas prices have been on a downward trend since 2022, when the average price was $3.95, with six of the ten months with the highest average gas prices since 1992 occurring in this year. The variability in gas prices has led consumers to seek ways to reduce their spending on gas, such as investing in more fuel-efficient vehicles or leveraging credit card rewards.
| Characteristics | Values |
|---|---|
| Average US gas price on 18 June 2025 | $3.19 per gallon |
| Average US gas price on 18 June 2024 | $3.44 per gallon |
| Average gas price per gallon in 2024 | $3.30 |
| Average gas price per gallon in 2023 | $3.52 |
| Average gas price per gallon in 2022 | $3.95 |
| Highest average monthly gas price per gallon in 2025 (until June) | $3.17 in April |
| Lowest average monthly gas price per gallon in 2025 (until June) | $3.08 in January |
| State with the highest average gas price | California ($4.65 per gallon) |
| State with the lowest average gas price | Mississippi ($2.69 per gallon) |
| State with the second-highest average gas price | Hawaii ($4.46) |
| State with the third-highest average gas price | Washington ($4.41) |
| State with the second-lowest average gas price | Louisiana ($2.79) |
| State with the third-lowest average gas price | Texas ($2.80) |
| State with the highest increase in average gas prices between 18 June 2024 and 18 June 2025 | Washington (1.6%) |
| States with the smallest decreases in average gas prices between 18 June 2024 and 18 June 2025 | Oregon (1.7%) and Iowa (2.2%) |
| States with the largest decreases in average gas prices between 18 June 2024 and 18 June 2025 | District of Columbia (13.1%), Ohio (12.5%), and Connecticut (12.1%) |
| Predicted increase in fuel prices per gallon due to a 10% tariff on Canadian energy imports to the US | $0.15 |
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What You'll Learn
The average US price
The average price of a gallon of gas in the US has fluctuated in recent years. On June 18, 2025, the average price was $3.19 per gallon, down from $3.44 a year earlier on June 18, 2024. The average price per gallon in 2024 was $3.30, a decrease from $3.52 in 2023 and a significant drop from $3.95 in 2022.
Looking at monthly averages, the highest monthly average price in 2025 was $3.17 in April, with the price decreasing to $3.15 in May. In 2024, the monthly average peaked at $3.61 in April and gradually declined to $3.02 in December. The lowest monthly average in 2025 was $3.08 in January.
The state with the highest average gas price is California, with residents paying $4.65 per gallon in 2025 and $4.74 per gallon in 2023. Hawaii and Washington also have high average prices, with $4.46 and $4.41 per gallon in 2025, and $4.55 and $4.07 per gallon in 2023, respectively. Mississippi, Louisiana, and Texas have the lowest average gas prices, with Mississippi at $2.69 per gallon in 2025 and Texas at $2.80 per gallon in 2023.
It is worth noting that gas prices can vary regionally due to factors such as taxes, transportation costs, supply chains, and local regulations. States with higher fuel taxes or limited access to refineries tend to have higher prices, while those with lower taxes or a more abundant local supply often have cheaper rates. Additionally, gas prices have been impacted by international factors, such as a potential tariff on Canadian energy imports, which could drive prices up for consumers.
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State-by-state price variations
Gas prices vary significantly across the United States, with several factors influencing the state-by-state price variations. Generally, West Coast states tend to have higher gas prices, while states in the South and Midwest have cheaper options. As of July 2025, California and Hawaii topped the list with the highest gas prices, with an average price of close to $4.90 per gallon of regular gas. During the summer of 2022, prices in these states even surpassed $7 per gallon. The high prices in these states can be attributed to factors such as the cost of transporting gas to the state and state taxes.
In contrast, several states, mainly in the southeast, offer more affordable gas prices. Mississippi, Texas, Missouri, Arkansas, Alabama, Louisiana, Oklahoma, Kansas, Tennessee, and Kentucky are among the states with the lowest gas prices in the country. In these states, gas prices typically hover around $3.00 per gallon. The lower prices can be attributed to lower state taxes on gas.
It is worth noting that gas prices can fluctuate due to various factors, including local taxes, refinery access, and supply disruptions. For example, gas prices across the United States peaked during the summer of 2022, reaching over $4 per gallon of regular gas due to increased travel and the war in Ukraine leading to reduced imports of Russian oil. To maximize savings, individuals can take advantage of gas apps and rewards programs, as well as plan their gas stops during road trips to avoid overpaying.
Additionally, the day of the week can also impact gas prices, with Mondays typically offering the cheapest gas prices in most states, while Fridays and Saturdays tend to be the most expensive days. These price variations exist not only between states but also within them, with urban areas generally having higher gas prices than rural ones.
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The cost of gas over time
Unfortunately, I do not know the current price of gas, as my latest internal data is from January 2023. However, I can provide a historical overview of the price of gasoline.
The price of gasoline has fluctuated over time, influenced by various factors such as supply and demand, geopolitical events, and economic conditions. Gas prices have generally tended to increase over the long term, with occasional periods of decline or stabilization.
In the early days of the petroleum industry, gasoline was relatively inexpensive, and prices remained fairly stable for several decades. However, as the demand for petroleum products increased and the industry matured, prices began to climb.
During the 1970s, the oil crisis led to significant price increases and volatility in the gasoline market. The 1980s and 1990s saw some stabilization and fluctuations, but the overall trend remained upward.
The first decade of the 21st century brought new highs in gasoline prices, with periodic spikes and drops influenced by global events and economic shifts. Economic crises, such as the Great Recession of 2008-2009, led to a decline in demand and a subsequent drop in gas prices, followed by a gradual recovery and further fluctuations.
More recently, global crises like the COVID-19 pandemic significantly impacted the demand for gasoline, leading to fluctuations in gas prices.
It is worth noting that gas prices can vary significantly across different regions and countries due to various factors, including local taxes, transportation costs, and regional supply and demand dynamics. Additionally, the cost of gas tends to be higher in countries that import a substantial portion of their petroleum needs.
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How to save money on gas
The cost of a gallon of gas varies, but there are numerous strategies you can employ to save money at the pump. Gas prices fluctuate, and with gas being one of the highest costs of owning a vehicle, it's worth knowing some tips to keep those costs down.
Firstly, you can make use of gas rewards credit cards, which offer discounts and cash back. However, these cards often require a good to excellent credit score, and there may be an annual fee. You can also join gas station and supermarket rewards programs, which can give you discounts for spending a certain amount in-store.
Another way to save money is to use gas comparison apps, which can help you find the cheapest gas in your area. Most gas stations offer cheaper prices when paying with cash, so it's worth keeping some to hand. Also, warehouse stores such as Costco and Walmart sell discounted gas to members, which can be significantly lower than the average gas station price.
You can also save money by reducing the amount of fuel you use. This can be achieved by carpooling, ridesharing, and planning your route to avoid heavy traffic and streets with lots of stops. Aggressive driving, such as speeding and rapid acceleration, can lower your gas mileage by up to 40%, so safe driving is another way to save money. Finally, regular gas is the cheapest option, so if your car doesn't require premium fuel, you can opt for regular to save money.
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The impact of tariffs on gas prices
The price of gasoline is influenced by several factors, including the cost of crude oil, which constitutes about half of its price. The price of crude oil is subject to various factors, such as global supply and demand, geopolitical events, and the actions of organizations like OPEC. Additionally, government policies and interventions, such as tariffs, can significantly impact the price of gasoline.
Tariffs on crude oil imports can have both direct and indirect effects on gas prices. The direct impact occurs when the tariff increases the cost of importing crude oil, leading to higher refining costs for oil companies. These additional costs are often passed on to consumers in the form of higher gasoline prices. This can be seen in the potential impact of Trump's tariffs on Canadian crude oil, which is expected to increase costs for refiners and subsequently raise gasoline prices for American consumers.
The indirect effects of tariffs on gas prices are equally important. When tariffs are imposed on crude oil imports, they can disrupt supply chains and affect the availability of oil. This can lead to volatility in oil prices, making it difficult for refiners to maintain stable costs. In response to higher refining costs, oil companies may look for alternative sources of crude oil, which can be more expensive and logistically challenging. These factors contribute to the indirect impact of tariffs on gas prices, making it difficult to predict the exact outcome but often resulting in higher prices for consumers.
The magnitude of the impact on gas prices depends on several factors, including the availability of alternative sources of crude oil and the ability of refiners to absorb additional costs. In some cases, refiners may be able to source crude oil from other regions or countries, but this can involve higher transportation costs and potential disruptions to their supply chains. Additionally, the imposition of tariffs can lead to retaliatory actions from affected countries, further complicating the dynamics of the oil market and potentially affecting the availability and pricing of crude oil.
While tariffs on crude oil imports can drive up gas prices, it is important to consider the broader implications as well. Higher refining costs can squeeze profit margins for oil companies, leading to reduced capital expenditures, delayed maintenance, and even job losses in regions heavily dependent on the refinery industry. Additionally, sustained increases in energy costs can have a ripple effect on other industries that rely heavily on oil and gas, including transportation, agriculture, and manufacturing. Therefore, the impact of tariffs on gas prices can have far-reaching consequences for both consumers and various economic sectors.
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Frequently asked questions
The average price of a gallon of gas in the US as of June 18, 2025, was $3.19.
Gas prices vary across the US, with the highest average gas prices in California ($4.65 per gallon), Hawaii ($4.46) and Washington ($4.41). Mississippi has the lowest average price at $2.69 per gallon.
The price of gas is influenced by factors such as taxes, transportation costs, supply chains, and local regulations. States with higher fuel taxes or limited access to refineries tend to have higher prices.
You can save money on gas by using credit cards with rewards specific to gas stations. Additionally, investing in a more fuel-efficient vehicle can help reduce spending on gas by enabling you to drive more miles per gallon.
