Particle.news
Download on the App Store

U.S. Gas Prices Drop to Lowest Since Early 2021 as National Average Nears $2.75

Analysts attribute the slide to seasonal demand plus abundant supply.

Overview

  • AAA puts the national average at $2.796 on Monday while GasBuddy reports $2.73, both marking the lowest levels since early 2021.
  • AAA data show 43 states now average under $3 per gallon, with 23 under $2.65 and 13 below $2.50.
  • Oklahoma has the cheapest fuel at about $2.21 statewide and roughly $2.05 in Canadian County, while California and Hawaii are near $4.42 and Washington is around $3.80.
  • Florida’s average fell 17 cents in 10 days to $2.69, the state’s lowest since March 2021, as Michigan’s average rose 11 cents on the week to about $2.81.
  • Experts note crude’s recent rise to roughly $59 a barrel and global supply uncertainty could limit further declines, though prices are expected to stay below $3 in much of the South and Gulf Coast.