economy
February 25, 2026
Gas prices: Nearly 4% higher than a month ago
As President Donald Trump spoke about affordability issues in his State of the Union address on Tuesday night, the national average price for a gallon of regular gas continued its slow increase, inching back toward the $ 3-per-gallon mark. On Wednesday, the national average cost of regular gas is $2.975 per gallon, nearly 4% higher than a month ago.
TL;DR
- The national average price for regular gas is $2.975 per gallon, up nearly 4% from a month ago.
- Gas prices hit a low of $2.79 per gallon on January 12th and have been slowly rising since.
- Despite recent increases, current gas prices are lower than a year ago ($3.14 per gallon) and significantly lower than during the Biden administration.
- The average cost of gas during Biden's term was $3.555 per gallon, including a record high yearly average of $4.059 in 2022.
- Currently, 38 states have average gas prices under $3 per gallon.
- California has the highest gas prices in the country ($4.634 per gallon), followed by Hawaii ($4.406) and Washington ($4.359).
- Oklahoma has the lowest gas prices ($2.405 per gallon), followed by Mississippi ($2.523) and Kansas ($2.534).
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