Gas Price Chart USA: Track Gas Prices in Real-Time

Current Gas Prices: A State-by-State Breakdown

As of August 25, 2023, the average gas price in the United States is $4.16 per gallon. However, there are significant variations in gas prices across the country. The most expensive state to buy gas is California, where the average price is $5.55 per gallon. The cheapest state to buy gas is Texas, where the average price is $3.75 per gallon.

Here is a breakdown of the average gas prices in each state:

Historical Gas Prices

Gas prices have been on a steady upward trend in recent months. In January 2022, the average gas price in the United States was $3.53 per gallon. By June 2023, the average gas price had risen to $4.50 per gallon. This is the highest gas price since July 2008.

There are a number of factors that have contributed to the rise in gas prices, including the war in Ukraine, the COVID-19 pandemic, and increased demand for gasoline. The war in Ukraine has disrupted the global oil market, and the COVID-19 pandemic has caused a sharp decline in demand for gasoline. As demand for gasoline has rebounded, prices have risen.

Forecasted Gas Prices

Analysts expect gas prices to continue to rise in the coming months. The Energy Information Administration (EIA) forecasts that the average gas price in the United States will reach $5.00 per gallon by the end of 2023. This would be the highest gas price since the oil crisis of the 1970s.

The EIA's forecast is based on a number of factors, including the war in Ukraine, the COVID-19 pandemic, and increased demand for gasoline. The EIA also expects the global economy to slow down in the coming months, which could put downward pressure on gas prices.

Ways to Save Money on Gas

There are a number of ways to save money on gas, including:

• Driving less: One of the best ways to save money on gas is to drive less. Carpool, walk, or bike whenever possible.
• Combining errands: When you do drive, try to combine errands so that you can make fewer trips.
• Using public transportation: Public transportation is often a more affordable option than driving. Check out your local public transportation system to see if it can meet your needs.
• Buying a fuel-efficient car: If you're in the market for a new car, consider buying a fuel-efficient model. Fuel-efficient cars can save you money on gas over the long run.
• Maintaining your car: Regularly maintaining your car can help it run more efficiently, which can save you money on gas. Make sure to get regular oil changes, tire rotations, and tune-ups.

By following these tips, you can save money on gas and reduce your environmental impact.

Conclusion

Gas prices are on the rise, but there are a number of things you can do to save money. By driving less, using public transportation, and buying a fuel-efficient car, you can reduce your gas costs and still get where you need to go.