Overview

• GasBuddy puts the national average at $2.98 a gallon, while AAA reports about $3.03–$3.04, reflecting different measurement methods.
• Thirty-five states now average under $2.99 and GasBuddy recorded the first $1.99 cash price in Evans, Colorado, with lows near $2.45 in Oklahoma and highs around $4.60 in California.
• Michigan’s statewide average has dropped to $2.79, the lowest since April 2021, with Metro Detroit at $2.84, according to AAA.
• OPEC+ production increases, the switch to cheaper winter-blend gasoline, and softer demand are key factors, backed by EIA data showing higher crude inventories and a decline in implied gasoline demand.
• The White House credited President Trump for the drop, while GasBuddy’s Patrick De Haan attributes it mainly to market dynamics and says prices could stay under $3 for months barring major disruptions.