Gas prices: Decrease to under $4.50 per gallon, six states now under $4 per gallon
Gas prices in the U.S. have decreased to an average of $4.491 per gallon, with six states now reporting prices below $4. The decline follows a period of volatility influenced by the ongoing military conflict in Iran. As the summer driving season approaches, consumers are facing higher fuel costs, prompting some states to suspend gas taxes for relief.
- ▪The national average price for regular gas fell by seven cents to $4.491 per gallon.
- ▪Six states have gas prices below $4 per gallon, a significant drop from last week.
- ▪California has the highest gas prices in the country at $6.109 per gallon, while Indiana has the lowest at $3.893 per gallon.
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The national average price for regular gas continued its 2026 fluctuations on Tuesday, falling by seven cents in five days to $4.491 per gallon. Fuel costs decreased over Memorial Day weekend, when typically the opposite occurs, after gas prices reached a new high for the year last Thursday at $4.564 per gallon. With the latest pricing on Tuesday, the national average price for a gallon of regular gas is lower than a week ago, when it was $4.533 per gallon. On Monday, Memorial Day, the national average price for gas was $4.507 per gallon, down from Sunday’s price. Traditionally, Memorial Day weekend marks the start of the summer driving season, which usually means an increase at the pumps.
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