--- title: Gas Prices Are Already Back Under $2 a Gallon in 32 States description: Gas prices continue to retreat, reaching lows not seen at this time of year in more than a decade and widespread prices under $2 a gallon. authors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Personal Finance - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2016-07-05T18:22:52.000Z' modified: '2024-04-17T02:37:04.000Z' section: Personal Finance tags: - Autos - Gas - Gas prices - pubdesk word_count: 307 canonical: https://money.com/gas-prices-under-2-a-gallon/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![BP To Cut 3000 Jobs As Earnings Plunge](https://img.money.com/2016/07/gaspricesunder2-em-507991164.jpg) According to [AAA](http://gasprices.aaa.com/gas-prices-independence-day-weekend-set-lowest-mark-decade/), there's only one state in the country where the average price for a gallon of regular is under $2. That would be South Carolina, which is averaging $1.96 as of Tuesday. But as the gas price-tracking site [GasBuddy](https://blog.gasbuddy.com/posts/National-Average-Gas-Price-Hits-20th-Day-of-Decline/1715-648634-3757.aspx) noted, there are gas stations in more than half the states in the nation that are currently charging less than $2. Drivers have reported sub-$2 gas prices lately in no fewer than 32 states, GasBuddy reported, including every state in the Southeast, plus much of the Midwest and a few locations in the Northeast and Southeast. Gas prices have declined nationally every day over the past three weeks, with the result being that the current average of $2.27 is 50¢ cheaper than it was at the same time in 2015. In fact, it's been more than a decade since [gas prices were this cheap](https://money.com/gas-prices-cheap-july-4-weekend/?iid=sr-link2) at this time of year. Drivers are benefitting from cheaper prices even in states where prices remain far above $2 per gallon. "Looking at a year ago, gas prices remain lower in all 50 states," GasBuddy stated in a blog post. "Alaska motorists are seeing the biggest year-on-year savings at 84.5 cents, while Indiana is 68.6 cents lower, Utah 64.8 cents, Nevada 62.9 cents and Michigan 61.7 cents." ***Read Next:* [Analysts Say You’re Gonna Buy an Electric Car, Even if Gas Is Super Cheap](https://money.com/electric-car-sales-adoption-tesla-chevy-bolt/)** Analysts are forecasting for gas prices to keep retreating into late summer and autumn. So in all likelihood, sub-$2 gas will not be limited to a sprinkling of gas stations here and there. Predictions are calling for a national average below $2 by November if not sooner, meaning that about the time people are gearing up for serious Christmas shopping, it will probably be unusual to see gas prices above $2 a gallon in much of the country. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/gas-prices-under-2-a-gallon/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Personal Finance", "item": "https://money.com/personal-finance/" }, { "@type": "ListItem", "position": 3, "name": "Budgeting", "item": "https://money.com/budgeting/" }, { "@type": "ListItem", "position": 4, "name": "Gas Prices Are Already Back Under $2 a Gallon in 32 States" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/gas-prices-under-2-a-gallon/#webpage", "url": "https://money.com/gas-prices-under-2-a-gallon/", "name": "Gas Prices Are Already Back Under $2 a Gallon in 32 States", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-07-05T18:22:52.000Z", "mainEntity": { "@id": "https://money.com/gas-prices-under-2-a-gallon/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/gas-prices-under-2-a-gallon/#breadcrumb" }, "dateModified": "2024-04-17T02:37:04.000Z" }, { "@type": "Article", "headline": "Gas Prices Are Already Back Under $2 a Gallon in 32 States", "articleSection": "Personal Finance", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/07/gaspricesunder2-em-507991164.jpg", "width": 3000, "height": 2000, "caption": "BP To Cut 3000 Jobs As Earnings Plunge" } ], "author": [ { "@type": "Person", "name": "Brad Tuttle", "url": "https://money.com/author/brad-tuttle/", "@id": "https://money.com/author/brad-tuttle/#author", "description": "Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.\r\n\r\n", "image": "https://img.money.com/2014/01/Brad-Tuttle.png?w=226&h=247&crop=1", "alumniOf": "Columbia University School of Journalism, MS", "sameAs": [ "https://twitter.com/bradrtuttle", "https://linkedin.com/in/brad-tuttle-834b225" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2016-07-05T18:22:52.000Z", "description": "Gas prices continue to retreat, reaching lows not seen at this time of year in more than a decade and widespread prices under $2 a gallon.", "abstract": "Gas prices continue to retreat, reaching lows not seen at this time of year in more than a decade and widespread prices under $2 a gallon.", "@id": "https://money.com/gas-prices-under-2-a-gallon/", "inLanguage": "en-US", "dateModified": "2024-04-17T02:37:04.000Z", "wordCount": 307, "keywords": [ "Autos", "Gas", "Gas prices", "pubdesk" ], "about": [ { "@type": "Thing", "name": "Personal finance", "sameAs": [ "https://en.wikipedia.org/wiki/Personal_finance" ] }, { "@type": "Thing", "name": "Budget", "sameAs": [ "https://en.wikipedia.org/wiki/Budget" ] } ] } ] } ```