The national average price for regular gas continued its downward trend on Monday, the start of the work week, falling to $4.164 per gallon, according to AAA. It marks the third consecutive week that fuel costs have decreased.Gas prices have dropped a fair amount in recent days. On Thursday, a gallon of regular gas was $4.24. A week ago, fuel cost $4.32 per gallon, and a month ago, it was up to $4.546. The 38-cent-per-gallon decrease in price is a welcome relief for all the country’s drivers. Gas prices have dropped 40 cents per gallon since setting a 2026 record high on May 21, when gas cost $4.564 per gallon.Prices have fluctuated significantly this year, and that is not expected to change any time soon. And while prices have fallen over the last month, airstrikes in the Middle East over the weekend between Iran and Israel could jeopardize the continued streak of falling fuel costs.
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. It is unknown when gas prices will return to that level, if they ever will. Fuel costs began to increase in January and early February, primarily due to winter weather that affected much of the country. Prices began to soar as Operation Epic Fury commenced on Feb. 28.
