US EditionGas Prices Projected to Average Under $3 in 2026
GasBuddy forecasts a fourth year of U.S. gas prices below $3 per gallon in 2026 amid increased supply and market rebalancing after COVID-19, lowering household fuel costs.
- On January 1, 2026, GasBuddy, fuel savings app company, projected the U.S. national average will be $2.97 per gallon in 2026, noting recent averages fell to $2.83.
- Market rebalancing after Covid has pushed prices lower, and GasBuddy's analysis says the downward trend will continue despite Venezuela's damaged energy infrastructure.
- In Michigan, drivers pay an average of $2.70 per gallon, down 18 cents from last month, and Adrienne Woodland said, 'Gas prices across Michigan have dropped, with motorists seeing the lowest pump prices since February of 2021.'
- GasBuddy compiled its forecast before a sudden United States strike on Venezuela and capture of Nicolás Maduro, Venezuela's leader, and said rebuilding the damaged energy infrastructure will take considerable time, so the outlook remains unchanged.
- After the 2022 price shock, Russia's invasion catapulted prices above $5 a gallon, while Friday's crude close was $57.32 and AAA noted regionally low pump prices.
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52 Articles
GasBuddy Forecasts National Average Gas Price Below $3 in 2026, Lowest Since 2020
DALLAS (VINnews)— The national average price of gasoline is expected to dip below $3 per gallon in 2026 for the first time since the COVID-19 pandemic, according to GasBuddy’s annual fuel outlook released Monday. The projected yearly average stands at $2.97 per gallon, a 13-cent decline from 2025’s $3.10 average. If realized, it would mark […]
US Annual Average Gas Prices Expected to Be Lowest in 5 Years: GasBuddy
U.S. motorists are expected to see the lowest gas prices since 2020, according to a new outlook released by GasBuddy on Jan. 6. The national average for a gallon of gasoline this year is forecast to be $2.97, down 13 cents from 2025’s average of $3.10, according to the 2026 Fuel Price Outlook. This would represent the fourth consecutive annual drop and the lowest annual average in five years. But while drivers will experience less pain at the pu…
GasBuddy predicts gas prices to fall below $3 in 2026
GasBuddy predicts that the national average price of a gallon of gas in 2026 will be around $2.97, which is 13 cents lower than the 2025 average of $3.10 per gallon. The website added that the 2025 average is the lowest since 2020. In Indiana, GasBuddy predicts Hoosier motorists will spend around $2.88 to $3.14 per gallon of gas in 2026. GasBuddy's 2026 Fuel Outlook also forecasts that prices are likely to fall after June, with December forecast…
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