U.S. Gas Prices Experience Modest Decline This Week

Gas station showing current average gas prices in the U.S.

San Diego, CA, January 13, 2026

As of January 12, the average price for regular gasoline in the U.S. is $2.80 per gallon, reflecting a $0.02 decrease from last week and a $0.27 drop from last year. Diesel prices also saw a minor decline to $3.50 per gallon. Regional disparities in gas prices are highlighted, with Midwest cities reporting lower prices compared to California. Despite this welcome decrease, current prices still remain significantly lower than the peak in June 2022. Experts suggest ongoing fluctuations in gas prices due to various factors, including geopolitical events.

U.S. Gas Prices Experience Modest Decline This Week

San Diego, CA – As of January 12, 2026, the average price for regular gasoline in the United States is $2.80 per gallon. This reflects a slight decrease of $0.02 (0.6%) from the previous week and a more significant drop of $0.27 (8.8%) compared to the same time last year. Diesel fuel prices have also seen a minor decline, now averaging $3.50 per gallon, down $0.02 (0.7%) week-over-week and $0.06 (1.7%) year-over-year. This data is compiled by CheapInsurance.com, using information from AAA.

Regional Price Variations

Gasoline prices across the country reveal significant regional disparities. The Midwest cities, such as Lawton and Oklahoma City, Oklahoma, report some of the lowest prices, with averages around $2.09 per gallon. In contrast, areas in California, including San Diego, report much higher prices, with San Diego averaging $4.41 per gallon. This stark difference highlights how geographic factors and local policies can affect fuel costs, impacting consumers’ budgets across the nation.

Historical Context

While the recent decline in gas prices is welcome news for consumers, it’s essential to put it into context. Current gas prices remain considerably lower than the peak of $5.02 per gallon recorded on June 14, 2022. This historical perspective paints a picture of ongoing fluctuations that consumers have to navigate, demonstrating the importance of market dynamics and consumer awareness.

Factors Influencing Gas Prices

Gasoline prices are shaped by a variety of elements, including crude oil prices, refining costs, distribution expenses, and regional taxation. Although recent geopolitical events, such as U.S. operations in Venezuela, have initiated discussions on potential impacts on fuel costs, experts suggest that these actions are unlikely to lead to immediate changes in gasoline prices. Understanding these factors can empower consumers and business owners alike to plan their fuel expenditures wisely.

Looking Ahead

Market analysts predict that gas prices may continue to fluctuate in the coming weeks. Consumers might see slight increases ahead of the typical seasonal rise expected in March. Given these anticipated changes, it’s prudent for residents of San Diego and others nationwide to monitor local fuel prices and consider regional variations as they prepare for travel and fuel expenditures.

Frequently Asked Questions (FAQ)

What is the current average gas price in the U.S.?

The average price for regular gasoline in the United States is $2.80 per gallon as of January 12, 2026.

How have gas prices changed over the past week?

Gas prices have decreased by $0.02 (0.6%) from the previous week.

Which cities have the lowest gas prices?

Lawton and Oklahoma City, Oklahoma, report some of the lowest prices, averaging around $2.09 per gallon.

What factors influence gas prices?

Gasoline prices are influenced by crude oil prices, refining costs, distribution expenses, and regional taxes.

Are recent geopolitical events affecting gas prices?

Experts suggest that recent U.S. operations in Venezuela are unlikely to have an immediate effect on gas prices.

Key Features of U.S. Gas Prices as of January 12, 2026

Feature Details
Average Regular Gas Price $2.80 per gallon
Weekly Change Decrease of $0.02 (0.6%)
Yearly Change Decrease of $0.27 (8.8%)
Historical Peak Price $5.02 per gallon on June 14, 2022
Average Diesel Price $3.50 per gallon
Weekly Change in Diesel Price Decrease of $0.02 (0.7%)
Yearly Change in Diesel Price Decrease of $0.06 (1.7%)
Lowest Gas Prices in Cities Lawton and Oklahoma City, Oklahoma, at $2.09 per gallon
Highest Gas Prices in Cities Lihue (Kauai), Hawaii, at $4.95 per gallon


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STAFF HERE SAN DIEGO WRITER
Author: STAFF HERE SAN DIEGO WRITER

The SAN DIEGO STAFF WRITER represents the experienced team at HERESanDiego.com, your go-to source for actionable local news and information in San Diego, San Diego County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Comic-Con International, San Diego County Fair, and San Diego Pride Festival. Our coverage extends to key organizations like the San Diego Regional Chamber of Commerce and United Way of San Diego County, plus leading businesses in biotechnology, healthcare, and technology that power the local economy such as Qualcomm, Illumina, and Scripps Health. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECostaMesa.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HEREMissionViejo.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.

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