Over the last week, prices rose slightly in the East Coast region. The Midwest saw the greatest dip in prices, decreasing 6 cents.
Photo: EIA/Automotive Fleet
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,” Patrick De Haan, head of petroleum analysis at GasBuddy, 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.
U.S. Regional Gasoline Prices as of December 30, 2024
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.
