Gas Prices Jump in Every State

by Andreas Exarheas | Rigzone Staff
click here to read this article at Rigzone.com
*this article was not written by Roseland Oil & Gas

Gasoline prices jumped in every U.S. state ‘with no relief in sight’, GasBuddy warned.

Gasoline prices jumped in every U.S. state “with no relief in sight”, GasBuddy warned in a blog posted on its website on Monday.

GasBuddy noted in its blog post that, according to its data, the nation’s average price of gasoline rose 17.2 cents over the last week and stood at $4.25 per gallon. The national average was up 19.0 cents from a month ago and was $1.14 per gallon higher than a year ago, GasBuddy highlighted.

The most common U.S. gas price encountered by motorists was $3.99 per gallon, “unchanged from a week ago”, followed by $4.19, $3.89, $4.29, and $4.09, GasBuddy revealed in the blog. The median U.S. gas price is $4.11 per gallon, up 22 cents from last week and about 14 cents lower than the national average, the blog pointed out.

The states with the lowest average prices comprised Indiana, at $3.58 per gallon, Texas, at $3.84 per gallon, and Oklahoma, at $3.85 per gallon, according to GasBuddy’s blog, which outlined that the states with the highest average prices comprised California, at $5.95 per gallon, Washington, at $5.50 per gallon, and Hawaii, at $5.33 per gallon.

GasBuddy revealed in its blog that the biggest weekly changes were seen in Michigan, which experienced a 32.1 cent increase, Utah, which saw a 29.2 cent increase, and Wisconsin, which saw a 29.1 cent rise.

“Average gasoline and diesel prices rose in every state over the last week as geopolitical tensions escalated on multiple fronts, with friction between the U.S. and Iran, new hostilities in the Red Sea, and the shutdown of Saudi Arabia’s East-West pipeline all combining to jolt prices sharply higher,” Patrick De Haan, Head of Petroleum Analysis at GasBuddy, said in the blog.

“New weekend attacks also knocked two additional Russian refineries offline, further straining global refined product supplies and likely offsetting any seasonal relief. Diesel prices could climb even faster in the wake of the new refinery attacks,” he warned.

“While most of the country transitions to cheaper winter-blend gasoline this week, the scale of ongoing geopolitical escalations makes meaningful price relief unlikely in the near term. Motorists should brace for continued volatility ahead,” he continued.

Current Price

GasBuddy’s live ticking average for regular gasoline in the U.S. was $4.357 per gallon as of 6.15am EST on September 16. The figure was 4.0 cents higher than yesterday’s average, 15.4 cents lower than last week’s average, 30.2 cents lower than last month’s average, and 118.0 cents higher than last year’s average, GasBuddy’s website highlighted.

According to the AAA Fuel Prices website, the average price of regular gasoline in the U.S. is $4.3672 per gallon, as of September 16. Yesterday’s average was $4.3289 per gallon, the week ago average was $4.2245 per gallon, the month ago average was $4.0656 per gallon, and the year ago average was $3.1862 per gallon, the site showed.

The U.S. Energy Information Administration’s (EIA) latest gasoline fuel update, which was released on September 15, showed an increasing price trend for U.S. regular gasoline. According to this update, the fuel price averaged $4.071 per gallon on August 31, $4.157 per gallon on September 7, and $4.319 per gallon on September 14.

Projected Price

In its latest short term energy outlook, which was released on September 9, the EIA projected that the U.S. regular gasoline retail price will average $3.84 per gallon in 2026 and $3.35 per gallon in 2027.

The U.S. regular gasoline retail price came in at $3.10 per gallon in 2025, the STEO showed.

A quarterly breakdown included in its September STEO projected that the U.S. regular gasoline retail price will average $4.01 per gallon in the third quarter of this year, $3.95 per gallon in the fourth quarter, $3.52 per gallon in the first quarter of next year, $3.55 per gallon in the second quarter, $3.34 per gallon in the third quarter, and $3.01 per gallon in the fourth quarter. The gasoline price averaged $3.13 per gallon in the first quarter of this year and $4.21 per gallon in the second quarter, the STEO highlighted.

In a maternal healthcare event hosted in the White House Oval Office on May 11, which was streamed live on the White House YouTube page, U.S. President Donald Trump said, “as soon as this is over with Iran … you’re going to see gasoline and oil drop like a rock”. 

In a statement posted on his Truth Social page on September 14, Trump said “oil will drop like a rock as soon as the Military Conflict with Iran is over”, adding “that will not be long”.

by Andreas Exarheas | Rigzone Staff
click here to read this article at Rigzone.com
*this article was not written by Roseland Oil & Gas