Gas prices in the U.S. have been a rollercoaster ride, and we're here to break down the latest weekly changes as of January 20, 2026. The story of gas prices is a tale of highs and lows, and it's time to uncover the truth behind these fluctuations.
CheapInsurance.com, using data from AAA, has compiled an insightful report. Let's dive in!
The National Picture:
- Current Gas Price: $2.82, a slight increase of 0.1% from last week.
- Yearly Change: A notable drop of 9.7%, or $0.30.
- Historical Peak: Gas prices reached a staggering $5.02 on June 14, 2022.
Diesel Prices:
- Current Diesel Price: $3.51, with a minimal weekly rise of 0.2%.
- Yearly Trend: Down by 3.3%, or $0.12.
- Highest Recorded Diesel Price: $5.82 on June 19, 2022.
The Cheapest Places to Fill Up:
1. Lawton, OK: $2.21 - A real bargain!
2. Casper, WY: $2.22 - Close behind.
3. Lubbock, TX: $2.23 - Another great option.
But here's where it gets interesting... Which metros are paying through the nose for gas?
- San Luis Obispo-Atascadero-Paso Robles, CA: $4.43
- Kahului, HI: $4.43
- Wailuku, HI: $4.43
- Hilo, HI: $4.62
- Lihue (Kauai), HI: $4.92 - The most expensive in the U.S.!
And this is the part most people miss... Why do prices vary so much across the country? It's a complex interplay of factors, including local taxes, transportation costs, and even the type of fuel sold.
So, there you have it! A snapshot of the U.S. gas price landscape. But what do you think? Are these price variations fair? Should there be more regulation, or is the market doing its job? Let's discuss in the comments and share our thoughts on this controversial topic!
