The national average price for regular gas fell on Friday, dropping 17 cents in one week to $4.22 per gallon, according to AAA.
Gas prices have declined for two consecutive weeks, amid a decrease in hostilities between the United States and Iran. Yesterday, the national average price for regular gas was $4.24 per gallon, and a week ago, it was $4.39 per gallon. Fuel costs have dropped 27 cents since May 26 and 34 cents per gallon since setting a 2026 record high on May 21, when gas cost $4.564 per gallon. Gas prices started to fall on Memorial Day weekend, traditionally the start of the summer driving season and, with it, typically an increase in pump prices.
Today’s price of $4.22 per gallon is still much higher than earlier in the year. However, it is lower than a month ago, when regular gas was $4.48 per gallon. On Jan. 12, 2026, the national average price for a gallon of regular gas dropped to $2.79, the lowest price in over five years. Prices began to increase in January and early February, primarily due to winter weather that hampered much of the country at the time. Prices began to soar as Operation Epic Fury commenced on Feb. 28.
After the surge in gas prices in early spring, a dip in prices at the pumps is a welcome sight. Relief at the pumps has also spread nationwide, with 18 states now reporting gas price averages below $4 per gallon, according to AAA. This is in stark contrast to 16 days ago, when, on May 20, every state in the nation had an average price of $4 per gallon or higher.
