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What are gas prices in the US and each state? Today 29 June 2022

As the Fourth of July weekend approaches there’s some relief for motorists as the national average price of gasoline continues to dip below $5 per gallon.

Update:
What are today's gas prices in the US?
Gary CameronReuters

With the Fourth of July weekend approaching, experts are offering tips to find the cheapest gas while traveling to celebrations. “It’s usually best not use the stations right along the interstate,” said Ellen Edmonds, manager of AAA public relations, when speaking to CNN Travel. Instead, “drive a few miles drive down the road. Look for residential areas or remote rural areas.”

Thanks to the AAA Gas Prices website, which is a public service of the United States of America’s largest motoring and leisure travel membership organization, the following price information is made available. Every day up to 120,000 stations are surveyed in cooperation with WEX Inc. for unmatched statistical reliability.

Date: Wednesday 29 June 2022

Today’s national average: $4.897

Selected states’ daily average

California $6.299

Texas $4.506

Florida $4.625

New York $4.940

Gas cost calculator

The AAA website includes a useful gas cost calculator to help Americans work out how much their trip is likely to cost. Just enter your starting location plus two, or three, destinations as well as car model details.

In which states is gas most expensive?

The five states with the highest average regular gas prices today are:

California $6.299

Hawaii $5.592

Alaska $5.578

Nevada $5.573

Oregon $5.494

In which states is gas least expensive?

The five states for the lowest average regular gas prices today are:

Georgia $4.375

South Carolina $4.392

Mississippi $4.395

Arkansas $4.424

Louisiana $4.425

Will there be a tax break for motorists to reduce the cost of gas?

In recent months there have been numerous efforts to bring down the price of gasoline, both at a state and federal level.

States like New York have already suspended their gasoline tax to give drivers a discount, while others are offering a gas tax rebate to help with the inflated cost at the pump. California Governor Gavin Newsom and the State Legislature have reached a tentative deal for the state budget that would send 23 million residents a gas tax rebate potentially worth up to $350.

Nationally, President Biden called on Congress last week to implement a federal gas tax holiday for the next three months. But there has been no action on that proposal nor legislation introduced to deliver US taxpayers a federal gas tax rebate.

Inflation, a key component in the high price of gas, is a major concern and Biden has stated that it is currently his top domestic policy. It remains to be seen if he can bring down prices without risking the economy entering into a recession.

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