Gasoline Prices Fall to Nearly Six-Year Low
The national average price of a gallon of unleaded gasoline has fallen to a level not seen since the spring of 2009. It fell 2.2 cents to $2.044 for the week ending Jan. 26, according to federal data.
Photo via Wikipedia.
Photo via Wikipedia.
The national average price of a gallon of unleaded gasoline has fallen to a level not seen since the spring of 2009. It fell 2.2 cents to $2.044 for the week ending Jan. 26, according to federal data.
The last time gasoline reached this level came April 4, 2009, when it averaged $2.037 per gallon, according to the U.S. Department of Energy. Gasoline is now $1.251 less than it was a year ago at this time.
Gasoline fell in seven regions and rose slightly in the Midwest and Gulf Coast where it has fallen below $2 per gallon. It rose 1.8 cents to $1.936 and 0.6 cent to $1.85 in those regions respectively.
The average price has now fallen below $2 per gallon in 28 states, according to the AAA's Daily Fuel Gauge Report. The states with the lowest price include Kansas ($1.826), Oklahoma ($1.808), and Missouri ($1.78).
Meanwhile, the average price of diesel fell 6.7 cents to $2.866. Diesel fuel costs $1.038 less than it did a year ago.
More Fuel
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 →
April Fuel Update: Prices Climb Above $4 as Spring Surge Accelerates
National average jumps to $4.04 per gallon, up sharply from last year, with West Coast prices topping $5 and further increases expected amid rising oil tensions.
Read More →
Tips from Fleet Managers on Saving Fuel Costs
Fleet leaders share practical strategies to reduce fuel spend through smarter policy, routing, and driver guidance.
Read More →
March Fuel Update: Prices Settle With a $4 Average
Fuel prices significantly slowed this week, but a $4 national average is still expected.
Read More →
Bob Adamsky on Fuel Volatility: “Don’t Panic — Have a Plan”
With oil prices rising again, AWP Safety’s fleet manager shares how to respond to rising fuel costs and how the right strategy can turn fuel spikes into cost-saving opportunities.
Read More →
Oil Market Turbulence Is Complicating Fleet Cost Planning
Rapid swings in crude oil prices driven by the conflict in the Middle East could create longer-term cost pressures for fleets, affecting fuel prices, supply chains, and vehicle strategy, says NTEA’s Andrew Wrobel.
Read More →
February Fuel Update: Prices Inch Higher for Third Week in a Row
The final February fuel update reveals prices continuing to inch higher for the third week in a row.
Read More →