FINANCE
What day of the week is gasoline cheapest and most expensive in the United States?
Find out what is the best and worst day of the week to buy gasoline in the United States.
Gasoline prices in the United States are continuing to fall. According to the American Automobile Association (AAA), on December 3, the average price of a gallon of fuel nationwide fell to $3.243, which is lower than the average of $3.448 recorded a month ago.
However, it is important to note that gasoline prices vary from state to state. For instance, while the average price of gasoline in Texas is $2.745 per gallon, it is higher in California, where it is priced at $4.815 per gallon. Also, it is worth mentioning that there are specific days of the week when fuel prices are lower.
What day of the week is gasoline cheapest?
GasBuddy, an app that helps drivers find cheaper gas prices, conducted an analysis that revealed that Monday was the day with the lowest average gasoline price in 17 states from January 1 to December 16, 2021. This made Monday the best day to buy gasoline during that period. Surprisingly, Monday also had the lowest gas price in GasBuddy studies conducted in 2017, 2018, and 2019.
What is the worst day to buy gasoline?
Based on historical data, Saturdays have typically been the least favorable day to buy fuel. However, recent analysis by GasBuddy suggests that Thursdays were the most expensive day to purchase gasoline in 2021. The data reveals that in 28 states, Thursday had the highest average gasoline price.
Why is the price of gasoline different in each state?
Gas prices vary across different regions and are influenced by several factors, including regional access to oil refineries, topographical barriers, and governmental policies and taxes. For instance, regions with more access to refineries, like the Gulf Coast, usually have lower gas prices compared to other areas such as the West Coast. The Rocky Mountains act as a barrier that limits the number of gas pipelines that connect the western states with the rest of the country, which also contributes to the higher gas prices on the West Coast. Additionally, governmental policies and taxes also play a significant role in fuel prices.
The states with the most expensive and cheapest gasoline
According to data from the American Automobile Association (AAA), this December 2,the 10 states with the cheapest gasoline are:
On the other hand, the states with the highest gasoline prices are: