Gasoline Heads Lower to $2.66 Per Gallon
The nation's average gasoline price fell 2 cents to $2.66 over the past week with gasoline demand increasing, because crude prices continue to decline, according to AAA.

The nation's average gasoline price fell 2 cents to $2.66 as summer demand reached peak levels.
Photo by Vince Taroc.
The nation's average gasoline price fell 2 cents to $2.66 over the past week with gasoline demand increasing, because crude prices continue to decline, according to AAA.
The June 24 gasoline price is 18 cents lower than a month and year ago. Gasoline prices aren't expected to move significantly higher, said Jeanette Casselano, AAA spokesperson.
"Filling-up at the pump this summer could mean savings as much as a quarter a gallon," Casselano said. "Cheaper prices could entice motorists to travel more and even take some last minute road trips."
Gasoline demand reached a 2019 peak at 9.93 million barrels per day for the week ending June 14, according to the U.S. Energy Information Administration. Compared to this time in 2018, domestic crude prices are $12 per barrel cheaper. Crude typically comprises about 60% of the costs drivers pay at the pump.
Toward the end of last week, a massive fire knocked Philadelphia Energy Solution's Philadelphia refinery offline. Even though the refinery is the latest on the East Coast, gasoline from Canada, neighboring refineries, and the Colonial Pipeline should backfill supply, according to AAA.
States with the largest monthly decreases include Indiana (30 cents), California (26 cents), South Carolina (24 cents), Michigan (23 cents), Oklahoma (21 cents), Arizona (21 cents), Mississippi (21 cents), Maryland (21 cents), Nebraska (21 cents), and Delaware (20 cents).
States with the least expensive markets include Mississippi ($2.24), South Carolina ($2.24), Alabama ($2.26), Louisiana ($2.26), Arkansas ($2.31), Oklahoma ($2.34), Tennessee ($2.35), Texas ($2.35), Missouri ($2.37), and Virginia ($2.40).
Meanwhile, the average price of a gallon of diesel fell 2.7 cents to $3.043, which is 17.3 cents lower than a year ago, according to the EIA.
More Fuel
Turning Fleet Payment Data into Executive Insights
Ramel Lindsay of U.S. Bank Voyager discusses how fleets can transform payment and transaction data into actionable intelligence to reduce costs, improve oversight, and support executive decision-making.
Read More →
Why the IRS Raised Its Mileage Rate in the Middle of 2026
Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.
Read More →
July Fuel Update: Prices Jump for the First Time in Two Months
As the U.S.-Iran ceasefire collapses, so do the gas prices.
Read More →
Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."
When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
Read More →
How Fleets Can Gain Control of Non-Fuel Spend
Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.
Read More →
Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs
The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.
Read More →
June Fuel Update: Prices Fall Below $4
Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
Read More →
Study: How 2026's Gas Price Hikes Affect Different Vehicle Types
New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.
Read More →Are You Tracking Your Fleet's True Total Cost of Ownership?
Bobit Business Media surveyed 190 fleet professionals and found that while most fleets are tracking costs, fragmented systems and data gaps are keeping true TCO visibility out of reach. With rising pressure to control spend in an increasingly volatile environment, the gap between what fleets think they know and what the data actually shows is wider than you might expect. See how your peers are managing costs today and where the industry still has room to improve.
Read More →
May Fuel Update: All Regions Experience Declines
Gas prices are finally easing in much of the country, but experts warn global tensions could quickly reverse the trend as the national average remains well above last month’s levels.
Read More →