Top 10 States with Cheapest Gasoline Prices [January 2024]

Let's take a look at where fuel prices currently stand in the U.S.

January 29, 2024

Top 10 States with Cheapest Gasoline Prices [January 2024] — The top 10 cheapest states to find gasoline as of January 2024.
Photo: Automotive Fleet

1 min to read

Every penny counts in fleet management. The ever-fluctuating fuel cost unquestionably impacts the balance of costs and efficiency.

Fuel prices can make or break a fleet's budget, and as a fleet manager, being aware of these fluctuations is essential.

January 2024 Gasoline Price Updates

So, where's the cheapest gas as of January 2024?

Wyoming has the cheapest gasoline prices in the U.S., where the average cost is $2.63 per gallon. However, the state ranks 15th in diesel prices at $3.64. Oklahoma leads in least expensive diesel prices at $3.38 per gallon.
Utah has the second-cheapest gas, with the average cost hitting $3.54 per gallon.
Coming in third place is Missouri, with gas prices at $2.645 per gallon.

Further Findings

Hawaii has the most expensive gas prices, with an average cost of $4.66 per gallon of gas.
Oklahoma, Missouri, Colorado, Texas, and Montana had the top five least expensive diesel prices.

A news report by the AAA on Jan. 25 highlighted new data from the Energy Information Administration (EIA).

The data showed gas demand dipped from 8.27 to 7.89 million b/d in the last week. The national average of $3.10 is two cents less than a month ago and 38 cents less than a year ago.

Topics:Gasoline Prices EIA AAA Fuel Costs Gasoline Fuel

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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.