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GasBuddy Forecasts 2026 U.S. Gas at $2.97 on Average, Lowest Since 2020

Stronger global supply with robust U.S. output underpins the forecast.

Overview

  • GasBuddy’s outlook points to a seasonal spring peak near the low $3.10s during the switch to summer blends, followed by a slide toward about $2.83 by December.
  • Early January data show many states already under $3, with Michigan averaging about $2.70, while Washington, California and Hawaii remain far higher than the national norm.
  • Analysts credit ample global crude, steady refinery runs and solid U.S. production for the sustained relief at the pump.
  • The report notes persistent regional gaps tied to policies and refining constraints, with the Gulf Coast and South staying cheapest and California, the Northeast and Chicago costlier.
  • GasBuddy projects average household gasoline spending of about $2,083 in 2026—roughly $11 billion less nationwide—while diesel averages near $3.55 for the year.