This Is the Price of Gas in All 50 States Today

The price of oil surged to over $70 a barrel after a military attack on a Saudi oil field and series of decisions by the Organization of the Petroleum Exporting Countries (OPEC) and Russia to cap output. Gasoline prices, already rising sharply, have reached multiyear highs. Eight states have gas prices that have cracked the barrier of $3 for an average gallon of regular.

In fact, as the price of oil has risen, predictions that gasoline will top $3 nationwide for the average gallon of regular have grown. Recently, the carefully followed analysts at GasBuddy forecast a 70% chance per-gallon gas prices will reach $3 by Memorial Day. The company added, “The last time the national average reached the $3/gal threshold was over 2,300 days ago, on October 10, 2014, but did get close in 2018, when the national average reached $2.97 per gallon.”

Additionally, oil prices have risen an extraordinary 86% since the U.S. presidential election. The price was $36 a barrel at the end of November, and at $66 today trades near the highest price in a year. Gasoline prices also have surged. Today, the average price for a gallon of regular in the United States was $2.84, up from $2.50 a month ago.

The best predictor of gasoline prices is oil prices. They almost always outweigh refinery costs, transportation costs and state gas taxes, although each of those factors contributes.

Gas prices by state vary from the national average for several reasons. The first is proximity to refineries. States near the huge refineries along the Gulf of Mexico tend to have the lowest prices in the country. Notably, the five states with the lowest per-gallon gas prices are Mississippi ($2.51), Louisiana ($2.52), Texas ($2.57), South Carolina ($2.59) and Alabama ($2.59). The transportation costs from refineries to nearby areas shaves the average price of gas down, compared with much of the rest of the nation.

Another primary factor in prices is gasoline taxes. According to the American Petroleum Institute survey of state gas taxes as of January 1, the U.S. average is $0.5523 a gallon. States with low gas taxes include Missouri ($0.3582), Mississippi ($0.3719) and New Mexico ($0.3738). The states with the highest gas taxes are California ($0.8145) and Pennsylvania ($0.7710).

Ten states currently have average prices for a gallon of regular at or over $3. California’s $3.80 price clearly is affected by its gas tax. In Hawaii, the price of $3.48 is affected by a relatively high gas tax at $0.6524 per gallon. However, the cost of transportation to islands that are 2,500 miles from the west coast is also a major contributor to Hawaii’s price. The price for a gallon of regular in Washington is $3.25. Its gas tax is a high $0.678 per gallon.

If the GasBuddy analysis is correct, people who might drive for Memorial Day, despite the pandemic, will pay more at the pump than they did last year.

This is the average price of a gallon of regular gasoline in all 50 states today:

StatePrice
Mississippi2.505
Louisiana2.517
Texas2.568
South Carolina2.585
Alabama2.594
Oklahoma2.597
Arkansas2.599
Tennessee2.628
North Carolina2.635
Montana2.641
Georgia2.651
Kansas2.653
Kentucky2.676
Missouri2.681
New Hampshire2.684
Wisconsin2.696
Ohio2.701
Indiana2.711
Massachusetts2.720
Virginia2.722
Vermont2.741
Rhode Island2.742
Delaware2.745
North Dakota2.770
Minnesota2.776
Maine2.780
Wyoming2.782
West Virginia2.790
South Dakota2.792
Iowa2.806
Colorado2.807
Maryland2.808
New Mexico2.813
Nebraska2.816
Michigan2.819
Connecticut2.837
Idaho2.846
Florida2.853
New York2.863
San Juan2.867
New Jersey2.915
Utah2.939
Illinois3.000
Washington DC3.001
Pennsylvania3.013
Alaska3.022
Oregon3.071
Arizona3.091
Nevada3.173
Washington3.251
Hawaii3.477
California3.803

Click here to see which states have the highest and lowest gas taxes.


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