San Diego, January 26, 2026
As the national average gasoline price reaches $2.82 per gallon, consumers observe a minor increase after weeks of decline. This price change highlights the influence of crude oil market dynamics on fuel costs and its implications for small businesses amid varying regional prices across the United States. Fortunately, projections suggest a decrease in the national average gasoline price later this year, promoting optimism for economic recovery.
Gas Prices in the U.S. Rise Slightly Amid Crude Oil Market Fluctuations
National Average Gasoline Price at $2.82 as of January 20, 2026
San Diego, CA – As of January 20, 2026, the national average price for a gallon of regular gasoline in the United States reached $2.82, reflecting a modest increase of 0.1% from the previous week. This uptick in prices comes after seven consecutive weeks of declines, with the average having decreased by 9.7% from the same date last year, 2025.
The slight rise in gasoline prices presents a unique backdrop for entrepreneurs and small businesses, which often see the impacts of fuel prices ripple through their operations. In light of recent trends, there is room for optimism as decreased regulatory burdens could serve to bolster economic resilience and restoration, allowing businesses to thrive amidst these market fluctuations.
Recent Trends in Gasoline Prices
Gasoline prices have shown recent stability after a period of decline. From January 12, 2026, when the national average dipped to $2.73 per gallon, consumers are encountering a negligible increase. Such stability in the face of volatility demonstrates the potential predictability in pricing for local entrepreneurs planning their logistics and operational costs.
Crude Oil Market Influences
The movement of gasoline prices remains closely linked to the dynamics of the crude oil market. Notably, on January 20, 2026, trading activity for Light Sweet Crude oil futures on the New York Mercantile Exchange soared, reaching an estimated volume of 1,192,136 contracts—almost double the previous day’s trading. This heightened activity hints at possible fluctuations in pricing that may affect small business supply chains in varying capacities.
Regional Price Variations
Gasoline prices across the nation illustrate considerable regional disparities. As of January 15, 2026, Hawaii reported the highest average price at $4.41 per gallon, trailed by California at $4.21 and Washington at $3.80. In contrast, Oklahoma leads with the lowest average price at $2.32 per gallon, followed by Texas and Kansas at $2.42 and $2.43, respectively. Such price variations underline the importance of localized considerations for businesses operating with distinct regional cost structures.
Future Outlook
The U.S. Energy Information Administration (EIA) is projecting a decrease in the national average gasoline price, anticipated to settle at $2.97 per gallon for the entirety of 2026—down from $3.10 in 2025. Factors attributed to this positive trend include lower crude oil prices and a boost in domestic production. The fostering of a favorable economic environment encourages growth for businesses across San Diego County.
Conclusion
In summary, while gasoline prices have seen a slight increase recently, they remain significantly lower compared to a year ago, offering relief to consumers and businesses alike. The projected decrease for 2026 signals a beneficial change, potentially aiding economic recovery initiatives and allowing local entrepreneurs to refocus on growth strategies. It remains crucial for the community to rally behind small businesses and support economic vitality in San Diego and beyond.
FAQ
What is the current national average price for gasoline in the U.S.?
The national average price for a gallon of regular gasoline in the United States is $2.82 as of January 20, 2026.
How have gasoline prices changed compared to last year?
Gasoline prices have decreased by 9.7% compared to the same date in 2025.
What factors are influencing current gasoline prices?
Fluctuations in crude oil prices, as well as regional supply and demand dynamics, are influencing current gasoline prices.
Which states have the highest and lowest gasoline prices?
As of January 15, 2026, Hawaii has the highest average price at $4.41 per gallon, while Oklahoma has the lowest at $2.32 per gallon.
What is the projected gasoline price for 2026?
The EIA projects the national average gasoline price to decline to $2.97 per gallon in 2026, down from $3.10 in 2025.
Key Features
| Feature | Details |
|---|---|
| Current National Average Gasoline Price | $2.82 per gallon as of January 20, 2026. |
| Year-over-Year Price Change | Decreased by 9.7% compared to January 20, 2025. |
| Crude Oil Market Activity | Significant trading activity on January 20, 2026, with an estimated volume of 1,192,136 contracts. |
| State with Highest Gasoline Price | Hawaii at $4.41 per gallon as of January 15, 2026. |
| State with Lowest Gasoline Price | Oklahoma at $2.32 per gallon as of January 15, 2026. |
| Projected 2026 Gasoline Price | Expected to decline to $2.97 per gallon, down from $3.10 in 2025. |
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Author: STAFF HERE SAN DIEGO WRITER
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