January 2025 Fuel Price Update: Surges Hit a Pause

Gasoline prices keep inching upward with little to no change in regions seeing declines. The national average cost of gas currently stands at the previous week’s price of $3.10, according to U.S. Energy Information Administration (EIA) data. Prices year-over-year are up by 8 cents.

“The downturn in oil has caused gas prices to stabilize for the time being, with crude now more than $5 per barrel below where it was a couple of weeks ago,” GasBuddy Head of Petroleum Analysis Patrick De Haan said.

More changes may take place as we approach the February 1 deadline for potential U.S. tariffs on Canada and Mexico, De Haan explained. Both countries are key sources of crude oil imports, which may play a factor in retaliatory tariffs.

However, De Hann is hopeful that gas prices will stay “relatively stable” over the next few weeks until the seasonal rise kicks in.

See how diesel prices are changing per region on Work Truck.

U.S. Regional Gasoline Prices as of Jan. 27, 2025

Fuel prices see a sharp increase across the board. Here’s a look at prices by region according to EIA data, as of Jan. 27:

• East Coast: $3.07
• Midwest: $2.94
• Gulf Coast: $2.69
• Rocky Mountain: $2.92
• West Coast: $3.88

Most regions saw a slight increase in gas prices, averaging about 1 cent or less. However, the Midwest saw an almost 4-cent decline.

Here’s a look at the top 10 cheapest states to buy gas, according to AAA data:

Missouri’s fall off the list opened a spot for South Carolina’s return as prices have risen to meet its $2.83 state average. Oklahoma and Mississippi remain the top two states with the cheapest price for a gallon of gas.

Currently, 27 states have a $2.99 or lower average for a gallon of gas, mirroring the beginning of the month’s totals.

U.S. Regional Gasoline Prices as of Jan. 20, 2025

As we near the end of January, gasoline prices show significant jumps across the country. The national average cost of gas currently stands at $3.10, according to U.S. Energy Information Administration (EIA) data. Prices year-over-year are up by 4 cents.

“It was only a matter of time before the national average began to rise, with oil prices last week reaching their highest level since July,” De Haan said.

Regarding the recent inauguration, De Haan explains that prices could be impacted depending on future policies or executive orders signed by President Trump. However, the current rise is not due to the beginning of seasonal changes, which, in a few weeks, will likely cause prices to be pushed even higher.

See how diesel prices are changing per region on Work Truck.

Fuel prices see a sharp increase across the board. Here’s a look at prices by region according to EIA data, as of Jan. 20:

• East Coast: $3.06
• Midwest: $2.98
• Gulf Coast: $2.69
• Rocky Mountain: $2.91
• West Coast: $3.87

All regions saw increased gas prices, with the Midwest region seeing the most significant change of 8 cents. The East Coast saw a 7-cent increase, bringing the region’s average gas price back above the $3 per gallon benchmark.

Here’s a look at the top 10 cheapest states to buy gas, according to AAA data:

While the top 10 list continues to shuffle around the same states, Oklahoma and Mississippi remain the top two states with the cheapest price for a gallon of gas. However, Mississippi dethroned Oklahoma as number one.

Currently, 24 states have a $2.99 or lower average for a gallon of gas, a decrease from recent averages.

U.S. Regional Gasoline Prices as of Jan. 13, 2025

With Americans settling in after the new year and small surges as of late, gas prices have declined ever so slightly this past week. The national average cost of gasoline currently stands at $3.04, according to U.S. Energy Information Administration (EIA) data. Prices year-over-year are down by just 1 cent.

“It’s been a relatively quiet week for the national average price of gasoline, with little overall movement,” De Haan said.

De Haan touched on the increasing trajectory of oil prices, which could cause a more noticeable impact on gas prices in the coming weeks.

“Seasonally weak demand may help soften the impact of any increases for now, but with refinery maintenance season just weeks away—when refiners typically reduce gasoline production—motorists should be prepared for the spring rally to kick off,” De Haan continued.

See how diesel prices are changing per region on Work Truck.

Fuel prices see a mixed range of changes across the board. Here’s a look at prices by region according to EIA data, as of Jan. 13:

• East Coast: $2.99
• Midwest: $2.89
• Gulf Coast: $2.66
• Rocky Mountain: $2.87
• West Coast: $3.81

Although prices declined in the Midwest and Rocky Mountain regions, all other regions saw increases averaging 1 cent.

Here’s a look at the top 10 cheapest states to buy gas, according to AAA data:

Rank	State	Regular
1	Oklahoma	$2.58
2	Mississippi	$2.63
3	Texas	$2.68
4	Kansas	$2.69
5	Arkansas	$2.69
6	Louisiana	$2.73
7	Missouri	$2.74
8	Kentucky	$2.75
9	Alabama	$2.75
10	Tennessee	$2.76

While the states on this list only shuffled around, Oklahoma and Mississippi remain the top two states with the cheapest price for a gallon of gas.

Currently, 28 states have a $2.99 or lower average for a gallon of gas, am increase from the recent average of 27 states.

U.S. Regional Gasoline Prices as of Jan. 6, 2025

With 2025 in full swing and Americans settling back in to work, the national average price of gasoline rose 4 cents. Prices saw the biggest weekly rise in months as oil prices surge.

“Oil prices have surged to nearly $74 per barrel, the highest level in months, driven by optimism that China’s recent economic policy shifts could boost oil demand, resulting in one of the largest weekly climbs in U.S. gas prices in months,” De Haan said. “While the national average dipped below $3 per gallon for a few days in recent weeks, those days are likely behind us.”

GusBuddy’s 2025 Fuel Outlook showed a continued slight increase at the pump in the weeks ahead in its forecast. 

Still, prices are down 2 cents on average compared to this time last year.

Fuel prices are up across the board. We broke down prices by region according to EIA data, as of Jan. 6:

• East Coast: $2.99
• Midwest: $2.93
• Gulf Coast: $2.65
• Rocky Mountain: $2.89
• West Coast: $3.79

The Midwest region saw the greatest growth, with a 6-cent increase compared to the following week. 

Here’s a look at the top 10 cheapest states to buy gas, according to AAA data:

Rank	State	Regular
1	Oklahoma	$2.56
2	Mississippi	$2.61
3	Kansas	$2.67
4	Texas	$2.68
5	Arkansas	$2.70
6	Missouri	$2.72
7	Louisiana	$2.73
8	Tennessee	$2.74
9	Alabama	$2.76
10	Kentucky	$2.78

South Carolina fell off the list this week, falling several spots as prices there rose to $2.82 on average.

U.S. Regional Gasoline Prices as of Dec. 30, 2024

In the new year, the national average gas price continues to fluctuate, consistently teasing a below $3 per gallon average. The national average cost of gasoline currently stands at $3.00, according to U.S. Energy Information Administration (EIA) data. Prices year-over-year are down 8 cents.

“After a few weeks of rising gas prices, the national average has reversed course, declining as we close out 2024,” De Haan said.

2024 marks the second consecutive year of decline in the national average.

This week and the days ahead, we’ll likely see gas prices fall in some states, while the Great Lakes region may experience another price cycle, De Haan continued. It is reported that the national average will remain mostly stable during this period.

See how diesel prices are changing per region on Work Truck.

Here’s a look at prices by region according to EIA data, as of Dec. 30:

• East Coast: $2.95
• Midwest: $2.87
• Gulf Coast: $2.61
• Rocky Mountain: $2.88
• West Coast: $3.77

Over the last week, prices declined everywhere except on the East Coast, which increased by only 1 cent. The Midwest region saw the most significant decrease of 6 cents.

Here’s a list of the 10 lowest average prices per gallon, according to AAA data as of Dec. 30:

Rank	State	Regular
1	Oklahoma	$2.57
2	Mississippi	$2.58
3	Texas	$2.66
4	Kansas	$2.67
5	Arkansas	$2.68
6	Louisiana	$2.69
7	Missouri	$2.72
8	Alabama	$2.72
9	South Carolina	$2.75
10	Tennessee	$2.75

Since the first week of November, Oklahoma has remained the number one state with the lowest price for a gallon of gas at $2.57. Currently, 27 states have a $2.99 or lower average for a gallon of gas, a decrease from the recent average of 30 states.