GasBuddy Weekly Gas Price Report

Commentary Energy

Source: GasBuddy
Source Link: https://www.gasbuddy.com/
Frequency: Weekly
Next Release(s): February 2nd, 2026 9:00 AM

Latest Updates

The U.S. average gasoline price rose to $2.84/gal (+7.5c WoW; +3.6c MoM; -23.9c YoY), extending its rebound as oil prices moved back above $60.
- The national gasoline average increased +7.5c WoW to $2.84, while diesel jumped +7.8c WoW to $3.543, showing stronger short-term price pressure across fuels.
- Versus one month ago, gasoline prices were +3.6c higher, but remained -23.9c lower YoY, indicating prices are still materially below last year despite recent gains.
- Early-week crude prices hovered near recent highs, with WTI at $60.68/bbl (vs $59.17 last week) and Brent at $65.55/bbl (vs $63.07), reflecting modest weekly increases.
- U.S. crude inventories rose +3.6M bbl WoW and stood about 2% below the seasonal average, suggesting stocks remain slightly tight relative to typical levels.
- Gasoline inventories increased +6.0M bbl WoW to roughly 5% above the five-year average, while distillate inventories rose +3.3M bbl and stayed about 1% below average, showing mixed refined product balances.
- Refinery utilization fell -2.0 ppts WoW to 93.3%, alongside a -470k bpd WoW drop in implied gasoline demand to 7.834M bpd, pointing to softer near-term consumption.
- Price dispersion remained wide, with the median gasoline price at $2.75 (+6c WoW), the top 10% of stations averaging $4.06, and the bottom 10% at $2.27, underscoring large regional differences.
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The US average gasoline price rose +3.1c WoW to $2.76 per gallon (-8.6c MoM; -32.3c YoY), breaking a seven week decline streak as oil prices stayed near $60.
- The national average gasoline price increased +3.1c WoW to $2.76, ending seven straight weeks of declines, while the national average diesel price fell -1.0c WoW to $3.465, showing a modest divergence between the two fuels.
- GasBuddy attributed the move higher in gasoline to oil rebounding back near $60 per barrel after dipping into the mid-$50s, while still noting there may be room to revisit recent lows before seasonal gasoline transitions begin.
- The article flagged upcoming seasonal shifts, noting California will start moving back to cleaner summer gasoline soon with most of the country following in a little over a month, while a surplus of winter gasoline could drive localized discounts as excess supply is cleared.
- Oil prices were described as softening slightly after touching $60 last week, with early Monday WTI down $0.27 to $59.17 per barrel and Brent down $0.34 to $63.79, still modestly above last week’s levels (WTI $58.75, Brent $63.07).
- The geopolitical backdrop remained a focus, with the piece citing easing Iran tensions, renewed Trump comments involving Greenland and potential Europe related sanctions, and uncertainty around Venezuela following the reported US capture of President Nicolas Maduro.
- EIA data for the week ending January 9, 2026 showed crude inventories rose +3.4M barrels and remained about 3% below the seasonal average, while the SPR increased +0.2M barrels to 413.7M, indicating commercial stocks still tight versus seasonal norms.
- Refined product balances were mixed, with gasoline inventories up +9.0M barrels and about 4% above the five-year seasonal average, distillate inventories essentially unchanged (0.0M) and about 4% below average, refinery utilization up +0.6 ppts to 95.3%, and implied gasoline demand up +134k bpd to 8.304M bpd.
- Pump-price dispersion stayed wide, with the median gas price at $2.69 (+5c WoW) and the most common price at $2.49 (-10c WoW); the top 10% of stations averaged $3.88 versus $2.20 for the bottom 10%, with the lowest-price states Oklahoma ($2.29), Texas ($2.37), and Louisiana ($2.37) and the highest Hawaii ($4.34), California ($4.13), and Washington ($3.75), while Michigan (+11.9c) and Indiana (+11.0c) led weekly state increases.
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The U.S. average gasoline price fell to $2.73/gal (-0.8¢ WoW; -17.0¢ MoM; -28.9¢ YoY), showing minimal weekly movement but a clearly lower level than both last month and last year.
- The national average gasoline price declined -0.8¢ WoW to $2.73/gal, with GasBuddy noting the week was broadly stable even as some price-cycling states saw temporary jumps.
- Gasoline remains down -17.0¢ MoM and -28.9¢ YoY, reinforcing that pump prices are still seasonally low relative to recent comparisons.
- The national average diesel price fell -2.3¢ WoW to $3.475/gal, pointing to continued easing in diesel alongside gasoline.
- Oil prices were described as rangebound, though slightly higher than a week earlier: WTI $58.75/bbl early Monday vs $57.89 last Monday, and Brent $63.07 vs $61.30, with market attention on Iran and Venezuela supply risks.
- GasBuddy noted Venezuela-related headlines have had no measurable near-term impact on pump prices, citing that any meaningful increase in oil output would likely take years.
- EIA data for the week ending Jan 2, 2026 showed U.S. crude inventories fell -3.8M bbl and remain about 3% below the seasonal average, while the SPR rose +0.2M bbl to 413.5M, indicating tighter commercial crude stocks.
- Refined product inventories built sharply: gasoline inventories +7.7M bbl (about 3% above the five-year seasonal average) and distillate inventories +5.6M bbl (about 3% below average), while refinery utilization held at 94.7%.
- Implied gasoline demand fell -393k bpd to 8.170M bpd, suggesting weaker near-term consumption in the latest week despite high refinery run rates.
- Distributional pricing remained wide: the median gas price $2.64 (-1¢ WoW), with the top 10% of stations averaging $3.92 versus the bottom 10% at $2.14; the lowest-priced states were Oklahoma ($2.16), Colorado ($2.30), Arkansas ($2.31) while the highest were Hawaii ($4.35), California ($4.15), Washington ($3.69).
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The U.S. average gasoline price fell to $2.74/gal (-1.2¢ WoW; -21.2¢ MoM; -29.2¢ YoY), extending a sixth straight weekly decline amid seasonal softness.
- The national average gasoline price declined -1.2¢ WoW to $2.74/gal, marking the sixth consecutive weekly drop, with most states still seeing incremental easing despite price-cycling rebounds in a few markets.
- Compared with recent history, gasoline prices are down -21.2¢ MoM and -29.2¢ YoY, underscoring a materially softer pricing environment at the pump versus both last month and last year.
- The national average diesel price fell -2.3¢ WoW to $3.498/gal, signaling continued moderation in refined fuel prices alongside gasoline.
- WTI crude traded at $57.89/bbl early Monday (vs $58.13 a week earlier), while Brent stood at $61.30/bbl (vs $62.02), indicating slightly lower oil prices than a week ago despite modest early-week gains.
- U.S. commercial crude oil inventories declined -1.9M bbl and remained about 3% below seasonal averages, while the SPR rose +0.2M bbl to 413.2M, pointing to still-tight commercial crude supplies.
- Gasoline inventories increased +5.8M bbl and moved about 2% above the five-year seasonal average, while distillate inventories rose +5.0M bbl but remained roughly 4% below average.
- Refinery utilization edged up to 94.7% (+0.1 ppt WoW), while implied gasoline demand fell -379k bpd to 8.563M bpd, suggesting softer near-term consumption.
- The median U.S. gasoline price slipped to $2.65/gal (-2¢ WoW), with prices ranging from $2.12 at the bottom 10% of stations to $3.95 at the top 10%, highlighting continued wide regional dispersion.
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The U.S. average gasoline price fell to $2.75/gal (-4.0¢ WoW; -22.6¢ MoM; -22.4¢ YoY), extending a multi-week decline amid ample fuel supply.
- The national average gasoline price declined for a fifth straight week to $2.75/gal (-4.0¢ WoW), reflecting broad-based easing across most states, according to GasBuddy.
- The national average diesel price fell -5.4¢ WoW to $3.521/gal, indicating continued softening in refined fuel prices alongside gasoline.
- Oil prices rebounded modestly early Monday, with WTI at $58.13/bbl (vs $57.95 a week earlier) and Brent at $62.02/bbl (vs $61.91), showing a partial recovery after recent multi-year lows.
- U.S. crude oil inventories declined -1.3M bbl and remained ~4% below seasonal averages, while the SPR rose +0.2M bbl to 412.2M, signaling slightly tighter commercial supply conditions.
- Gasoline inventories increased +4.8M bbl and were slightly below the five-year seasonal average, while distillate inventories rose +1.7M bbl and remained ~6% below average.
- Refinery utilization increased to 94.8% (+0.3 ppts), and implied gasoline demand rose +622k bpd to 9.078M bpd, pointing to stronger near-term consumption.
- The median U.S. gasoline price slipped to $2.67/gal (-2¢ WoW), about 8¢ below the national average, while prices ranged from $2.14 at the bottom 10% of stations to $4.00 at the top 10%, highlighting wide regional dispersion.
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The US national average gasoline price fell to $2.79/gal (-5.7¢ WoW; -26.4¢ MoM; -21.4¢ YoY), extending a fourth straight weekly decline amid ample supply.
- The national average diesel price declined -4.3¢ WoW to $3.575/gal, showing continued easing in refined fuel prices despite tighter inventories.
- WTI crude traded at $57.95/bbl early Monday (from $57.14 a week earlier) and Brent at $61.91/bbl (from $60.88), reflecting a rebound from multi-year lows tied to Venezuela-related supply risks.
- U.S. crude oil inventories fell -1.3M bbl and remain ~4% below seasonal averages, while the SPR increased +0.2M bbl to 412.2M, indicating slightly tighter commercial supplies.
- Gasoline inventories rose +4.8M bbl and are slightly below the five year seasonal average, while distillate inventories increased +1.7M bbl and remain ~6% below average.
- Refinery utilization increased to 94.8% (+0.3 ppts), and implied gasoline demand rose +622k bpd to 9.078M bpd, signaling stronger near-term fuel consumption.
- The median U.S. gasoline price fell to $2.69/gal (-4¢ WoW), about 10¢ below the national average, indicating broad-based retail price declines.
- State-level prices remained dispersed, with the lowest averages in Oklahoma ($2.24), Arkansas ($2.35), and Colorado ($2.38), and the highest in Hawaii ($4.38), California ($4.23), and Washington ($3.85).
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U.S. gasoline prices fell -4.5¢ WoW to $2.85/gal (–22.0¢ MoM; –12.6¢ YoY), reaching multi-year lows ahead of year-end amid rising supply.
- Diesel prices declined -5.3¢ WoW to $3.618/gal, also extending recent easing across refined fuels.
- WTI crude slipped to $57.14/bbl (from ~$59.55 last week) and Brent fell to $60.88/bbl (from ~$63.22), reflecting soft demand expectations and continued supply pressure.
- U.S. crude inventories fell -1.8M bbl and remain ~4% below seasonal averages, while the SPR increased +0.2M bbl to 411.9M.
- Gasoline inventories rose +6.4M bbl and are ~1% below the five-year average, while distillate inventories increased +2.5M bbl and remain ~7% below average.
- Refinery utilization increased to 94.5% (+0.4 ppts), with implied gasoline demand rising +130k bpd to 8.456M bpd.
- The most common gasoline price fell to $2.69, while the median price declined to $2.73, indicating broad-based retail price declines.
- State-level dispersion persisted, with the lowest averages in Oklahoma ($2.22), Colorado ($2.39), and Texas ($2.41), and the highest in Hawaii ($4.36), California ($4.31), and Washington ($3.95).
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U.S. gasoline prices fell -5.0¢ WoW to $2.90 per gallon (–17.6¢ MoM; –7.3¢ YoY), marking multi-year lows heading into Christmas and extending a broad late-year decline. Diesel prices also eased -5.1¢ WoW to $3.671.
- Oil markets traded in a narrow range, with WTI rising slightly over the week from $58.91 to about $59.55, while Brent hovered near $63.22, reflecting a balance between geopolitical supply risks and softer macro sentiment.
- U.S. crude inventories rose +0.6M bbl and remain 3% below the seasonal average; SPR inventories increased +0.3M bbl to 427.5M.
- Gasoline inventories rose +4.5M bbl (about 2% below the five-year average), while distillate inventories increased +2.1M bbl (about 7% below average), showing modest rebuilding across refined products.
- Refinery utilization climbed to 94.1% (+1.8 ppts), though implied gasoline demand fell -400k bpd to 8.326M, indicating softer consumption despite lower pump prices.
- The median U.S. gas price held at $2.79, roughly 11¢ below the national average, while the most common price also fell to $2.79, pointing to broad-based declines across retail stations.
- State-level dispersion remained large: lowest averages in Oklahoma ($2.30), Colorado ($2.40), Texas ($2.42), versus highest in California ($4.41), Hawaii ($4.34), Washington ($4.04).
- Weekly price drops were steepest in Nevada (-16.3¢), Colorado (-14.8¢), and Utah (-14.6¢), underscoring regional oversupply and margin-reset dynamics.
- Diesel showed similar patterns: the median price fell to $3.59, with the cheapest states Texas ($3.10), Louisiana ($3.22), and Oklahoma ($3.23), while price leaders were Hawaii ($5.15) and California ($5.03).
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U.S. average gasoline prices fell -8.5¢ WoW to $2.95 per gallon (–6.9¢ MoM; –5.4¢ YoY), marking the lowest national reading since May 2021 as softer crude prices and steady refinery operations continued to weigh on retail fuel costs.
- Diesel prices declined -5.5¢ WoW to $3.72 per gallon, showing continued easing in distillate markets despite wide regional dispersion.
- WTI crude traded at $58.91 per barrel (+36¢ on the day but down from $60.35 last Monday), while Brent rose to $62.80 (+42¢ but below last Monday’s $64.63), reflecting mixed sentiment around OPEC’s pause in 2026 output increases and geopolitical risks.
- U.S. crude inventories rose +2.8M barrels and remain about 4 percent below seasonal norms; gasoline stocks increased +2.5M barrels (still 3 percent below the five year average), while distillates rose +1.1M barrels (5 percent below average).
- Refinery utilization climbed 2.3 ppts to 92.3 percent, and implied gasoline demand increased +199k bpd to 8.726M bpd, signaling firm holiday season consumption.
- The most common gas price remained $2.99 per gallon, while the median slipped to $2.83 (about 12¢ below the national average), showing broad downward pressure across the distribution of prices.
- State-level dispersion remained large, with Oklahoma ($2.33), Colorado ($2.49), and Mississippi ($2.50) the lowest, and California ($4.51), Hawaii ($4.35), and Washington ($4.09) the highest.
- Diesel prices followed a similar pattern, with the median at $3.66 per gallon (–3¢ WoW) and the most common price at $3.79, while Texas ($3.19) and Mississippi/Louisiana ($3.29) remained the cheapest.
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The U.S. average gasoline price held steady at $3.03/gal this week (-2.0¢ MoM; +2.5¢ YoY), reflecting stable conditions ahead of peak Thanksgiving travel as crude prices softened below $60 per barrel.
- Diesel rose +0.8¢ WoW to $3.777/gal, with the most common diesel price jumping to $3.79, indicating mild upward pressure in the national diesel market.
- WTI crude traded at $58.12/bbl (down from $60.35 last Monday) and Brent at $62.62/bbl (down from $64.63), showing continued weakness amid geopolitical developments and a broader risk-off tone.
- U.S. crude inventories fell -3.4M bbl and remain about 5% below the seasonal average, while gasoline inventories rose +2.3M bbl and distillates +0.2M bbl, both still below their five-year norms.
- Refinery utilization increased to 90.0% (+0.6 ppts), while implied gasoline demand fell to 8.528M bpd (-500k bpd), suggesting a temporary drop in consumption ahead of the holiday surge.
- The median gas price held at $2.89/gal (14¢ below the national average); Oklahoma ($2.45), Mississippi ($2.53), and Louisiana ($2.55) remained the lowest-priced states.
- California ($4.56), Hawaii ($4.37), and Washington ($4.09) were the most expensive, while Ohio saw the largest weekly move with a -25.6¢ drop.
- Diesel prices remained highly dispersed, from $3.26 in Texas to $5.16 in Hawaii, with New Mexico (+11.4¢) and Florida (+10.2¢) posting the largest increases.
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U.S. average gasoline prices edged -0.4¢ WoW to $3.03/gal (+1.1¢ MoM; +1.1¢ YoY), reflecting minimal movement amid stable crude prices near $60 per barrel.
- Diesel rose +4.1¢ WoW to $3.769/gal, while the median diesel price held at $3.69, indicating upward pressure at the national level despite stable midrange pricing.
- WTI crude traded at $60.35/bbl (+$0.26 WoW) and Brent at $64.63/bbl (+$0.76 WoW), remaining rangebound between $57–$65 as Ukrainian attacks on Russian infrastructure and shifting Asian refinery demand balanced against ample global supply.
- U.S. crude inventories increased +6.4M bbl and remain about 4% below the seasonal average; gasoline stocks fell -0.9M bbl and distillates -0.6M bbl, both staying below five-year norms, highlighting continued product tightness.
- Refinery utilization jumped to 89.4% (+3.4 ppts WoW), and implied gasoline demand rose +154k bpd to 9.028M bpd, suggesting a pickup in pre-holiday driving.
- The most common gas price was $2.99/gal and the median $2.89/gal, about 14¢ below the national average, showing a skew from higher-cost coastal states.
- State averages ranged from $2.43 in Oklahoma to $4.63 in California, with Nevada (-15.9¢) and Washington (-9.9¢) leading weekly declines while Ohio (+12.3¢) posted the largest increase.
- Diesel price dispersion remained wide, from $3.23 in Texas to $5.13 in California, with Michigan (+14.0¢) and Indiana (+13.5¢) seeing the sharpest weekly climbs.
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The U.S. national average gas price rose +4.8¢ WoW to $3.03/gal, marking a modest rebound as refinery issues tightened supply, while diesel climbed +6.5¢ WoW to $3.728/gal amid lower inventories and firm demand.
- The national average gas price is -4.0¢ MoM and +0.8¢ YoY, reflecting stability near the $3 mark despite regional volatility.
- Gasoline inventories fell -4.7M bbl WoW, about 5% below the five-year average, while distillates dropped -0.6M bbl and crude inventories rose +5.2M bbl to 421.2M, remaining 4% under seasonal norms.
- Refinery utilization slipped -0.6 ppt to 86.0%, and implied gasoline demand edged down -49k bpd to 8.874M bpd, signaling softer retail consumption.
- WTI crude settled at $59.99/bbl (-$1.54 WoW) and Brent at $63.87/bbl (-$2.09 WoW), as rising OPEC output and global economic cooling weighed on prices.
- The most common gas price was $2.99/gal, with a median of $2.89/gal—about 14¢ below the national average.
- State averages ranged from Oklahoma, Louisiana, and Mississippi (all near $2.53) to California ($4.69), Hawaii ($4.41), and Washington ($4.16).
- Diesel prices showed sharper gains, with the most common at $3.79/gal and the median at $3.69/gal; highs reached $5.15 in Hawaii and $5.12 in California.
- Analysts noted refinery disruptions in the Great Lakes and West Coast and lower gasoline inventories as primary factors supporting prices ahead of the Thanksgiving travel period.
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