Gas prices have begun to fall across the country after several states suspended their fuel taxes earlier this month and the G7 capitulated to President Donald Trump's request last week for the release of 100 million barrels of oil and diesel. As of Monday morning, the national average gas price was $4.36 per gallon, according to the American Automobile Association (AAA), down from $4.48 a week ago. Despite the modest improvement, Monday's average was still higher than the $4.15 it was a month ago and the $3.13 it was a year ago.
In the days before the war in Iran, which began on February 28 when the U.S. and Israel launched strikes against the Islamic Republic, the average gas price had dipped to $2.98 per gallon. Patrick De Haan, the head of petroleum analysis at the fuel-price tracker GasBuddy, described the modest price drop on social media as "not exactly the most organic decline." "Gasoline and diesel prices saw a hard reversal in the last week, falling 12.5c/gal and 14.2c/gal, respectively, led by Georgia and Ohio, who are temporarily suspending their fuel taxes," De Haan wrote on X on Monday. "Gas prices in Ohio are down 39c from a week ago, Georgia down 38c," he added, referring to GasBuddy's data.
Half the nation saw gasoline and diesel prices drop by "over 10c/gal," De Haan said, while six states saw gasoline drop by more than 20 cents per gallon. GasBuddy counted 13 states with average gas prices below $4 per gallon. "The bulk majority of declines is happening—the markets are being manipulated in new ways—fuel tax suspensions, and arm twisting G7 into releasing strategic supplies of refined products," De Haan continued.
Drivers in California are still paying the highest price in the nation to fill the tank, for a statewide average of $6.39 per gallon of gas, according to AAA data. It is the only state where gas prices are above the $6 mark, but they are above $5 per gallon in five other states: Hawaii ($5.62), Washington ($5.48), Nevada ($5.48), Oregon ($5.04) and Alaska ($5.03). Indiana drivers continue to pay the least at the pump, for a statewide average of $3.74 per gallon of gas.
Georgia was next with a statewide average of $3.85 per gallon, followed by Ohio ($3.88), Texas ($3.90) and South Carolina ($3.92). Overall, the statewide average was lower than the national average in 32 states. AAA data reflects GasBuddy's, showing that the biggest weekly declines were reported in Ohio and Georgia.
Between September 28 and October 5, the statewide average gas price fell from $4.31 to $3.88 per gallon in Ohio, a decline of 43 cents per gallon. In Georgia, it fell by 34 cents per gallon, from $4.19 per gallon on September 28 to $3.85 per gallon on Monday. The third-biggest decline was reported in Florida, where the statewide average gas price fell by 28 cents per gallon from $4.34 per gallon to $4.06 per gallon.
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