Gas in some parts of America is now selling at well under $2.00 per gallon for regular unleaded. And the gas for sale is not isolated to one small corner of the country. Nor is the gas from “no-name” brands being sold as a promotion. Take Colorado as an example. Gas is under $2.00 at dozens of stations across multiple counties. The Costco station on Nevada Avenue in Colorado Springs is selling regular unleaded for just $1.84 (we verified the price). South of that spot in Denver County, gas is under $2.00 at five stations. In Douglas County, seven stations have gas for sale under $2.00. "Top Tier” brand Phillips 66 and Shell both have stations in Colorado with gas for sale under $2.00.
In Texas, Gas is selling at under $2.00 at some stations in Houston, San Antonio, Texarkana, Lumberton, Lubbock, and Tyler. Included in this list are top-tier stations such as Valero. You can find a list of the lowest cost stations in any location using Gas Buddy, which is the source of our top-of-page screenshot taken today.
These are not the average prices for fuel in the states we mentioned, but rather the prices offered by the lower-cost station offerings. AAA offers a daily update of average gas prices in America overall, by region, and by state. Using the AAA map, we see that the center of the country has the lowest averages, starting at about $2.30. However, if you look for it, gas is available at well under the state average in Oklahoma. There are dozens of stations selling gas at under $2.00 in the Sooner State.
Gasoline prices in America have continued to be at near-historic lows when adjusted for the changing value of the dollar. Media outlets love to report on gas prices as if the value of the dollar doesn’t change ever downward. Think back to the good ‘ole days. You remember gas being “cheap,” right? What if we told you that gas was over $3.00 per gallon in today’s dollars throughout most of the 1950s and higher in price every year in the 1960s than it is today? We’d expect you to call BS on that claim, so here is a link to a historic average gas price chart that adjusts for the debasement of the dollar. Gas has rarely been cheaper than it is today when you factor in buying power.
Although many folks rightly point out that gas taxes, special blends, and other anti-consumer measures make gasoline wildly more expensive in some blue states, such as Hawaii and California, particularly in cities, the truth is that Colorado is a deep blue state, and it has extremely low fuel prices.
Want to have some fun with gas prices? Deduct out the federal and state gas taxes to see what the gas itself costs. Right now, gas in Colorado at the highest-value stations is $1.38 before tax.
Concurrent with gas prices being crazy low and the cost of fuel being low based on the value of today’s dollar, fuel-efficient vehicles that use gas like the Toyota Camry have MPG ratings in the 50 MPG range now. Not only is gas cheap by any historic measure, but many cars and even SUVs like the Honda CR-V have gotten ridiculously fuel-efficient. This means that Americans who reside in states with relatively low fuel costs and who drive hybrids pay a tiny amount for fuel compared to “the good ‘ole days.”
Feel free to drop a comment below and tell us what gas prices you are seeing.
John Goreham is the Vice President of the New England Motor Press Association and an expert vehicle tester. John completed an engineering program with a focus on electric vehicles, followed by two decades of work in high-tech, biopharma, and the automotive supply chain before becoming a news contributor. He is a member of the Society of Automotive Engineers (SAE int). In addition to his fourteen years of work at Torque News, John has published thousands of articles and reviews at American news outlets. He is known for offering unfiltered opinions on vehicle topics. You can connect with John on LinkedIn and follow his work on his personal X channel or on our X channel. John employs grammar and punctuation software when proofreading, and he sometimes uses image generation tools.