The United States has plenty of oil. Still, gasoline prices continue to rise.
Although the United States is nearly self-sufficient in oil, gas prices remain affected by Iran’s stranglehold on oil shipments in the Strait of Hormuz.
- As of early May, the national average gas price was approaching $5 a gallon.
- As of May 5, only nine states had average gas prices below $4 a gallon.
- Oklahoma has the cheapest gas in the nation, with an average price of $3.89 per gallon.
As of Tuesday, May 5, only nine states have gasoline prices below $4 per gallon, as the national average pump price approaches $5 per gallon.
The average price of gasoline rose to $4.48 per gallon on May 5, up from an average of $4.17 a week earlier on April 28, according to the AAA Automobile Club.
Patrick de Haan, head of oil analysis at GasBuddy, told XPost that while drivers in the Midwest may see some temporary relief in the coming days, drivers overall will continue to feel pain at the pump as long as hostilities stemming from the U.S.-Iranian war persist.
“If you live in Michigan, Indiana, Ohio, Illinois, or Wisconsin, gas prices are slowly coming down and will likely continue to do so for the next week or more. Prices on the Canadian Prairies (SK, MB, AB) will also drop along with the Great Lakes in the coming days,” DeHaan wrote.
The USA Today Cars team looked at the states with the lowest gas prices.
Which state has the lowest gas prices?
Oklahoma has the lowest gas prices in the nation, with Oklahoma drivers paying an average of $3.90 as of May 5, according to AAA. This is up from the average price in Oklahoma of $3.50 per gallon a week earlier, on April 28th.
Here are the top 10 states with the lowest gas prices in the nation:
1. Oklahoma
- Average gas price on May 5: $3.89
- Average gas price on April 28: $3.57
- Price difference: 32 cents
2. Georgia
- Average gas price on May 5: $3.91
- Average gas price on April 28: $3.65
- Price difference: 26 cents
3. Mississippi
- Average gas price on May 5: $3.92
- Average gas price on April 28: $3.71
- Price difference: 21 cents
4. Louisiana
- Average gas price on May 5: $3.92
- Average gas price on April 28: $3.73
- Price difference: 19 cents
5. Arkansas
- Average gas price on May 5: $3.95
- Average gas price on April 28: $3.68
- Price difference: 27 cents
6. Nebraska
- Average gas price on May 5: $3.97
- Average gas price on April 28: $3.877
- Price difference: 20 cents
7. Texas
- Average gas price on May 5: $3.98
- Average gas price on April 28: $3.72
- Price difference: 26 cents
8. Kansas
- Average gas price on May 5: $3.98
- Average gas price on April 28: $3.63
- Price difference: 35 cents
9. Alabama
- Average gas price on May 5: $4.00
- Average gas price on April 28: $3.79
- Price difference: 21 cents
10. Missouri
- Average gas price on May 5: $4.04
- Average gas price on April 28: $3.72
- Price difference: 32 cents
