GasBuddy forecasts that the average price of gas in the U.S. will drop to $2.97 per gallon in 2026, the lowest since 2020, primarily due to strong refinery output and lower oil prices. While prices are expected to dip below $3, volatility may occur due to seasonal demand and geopolitical factors, with a projected rise to $3.20 in spring before falling to $2.83 post-June. Regional variations will see prices below $3 in the Gulf Coast and South, while higher costs are expected in California and the Northeast. Additionally, diesel prices are anticipated to average $3.55 nationally, offering some relief to diesel vehicle owners.
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