Gas prices can put a dent in anyone's budget, especially when you're hitting the road for a long drive or a summer vacation. Luckily, there are some states where you can fill up your tank without breaking the bank.
According to the AAA National Average is $3.61 per gallon as of May 14. And looking ahead, if 2024 follows last year's trend, we can expect these prices to remain relatively flat through mid-to-late July before rising again in late summer.
However, the cost of oil isn't always easy to predict. If prices rise sharply, we could see gas prices spike sooner. On the flip side, it's also possible that prices could fall in the near term. The Energy Information Administration (EIA) reported gas demand has dropped from 8.66 to 8.42 million barrels per day in the last week, and oil prices have also dipped slightly.
One of the primary reasons for gas price differences is the differing state gas taxes, which can either add a significant cost per gallon or slightly lessen the financial burden. Additionally, the proximity to oil refineries and supply routes also plays a crucial role. States closer to these facilities generally have lower transportation costs, translating to cheaper gas prices. Other factors, such as environmental regulations and market demand within each state, also contribute to the variations in gas prices.
1. Mississippi: $3.07
Mississippi tops the list with the lowest gas prices in the country at $3.07 per gallon. Whether cruising down the Natchez Trace Parkway or exploring the Gulf Coast, you'll appreciate the savings at the pump.
2. Oklahoma: $3.12
Next up is Oklahoma, where gas prices average $3.12 per gallon. Known for its wide-open spaces and scenic byways, Oklahoma is a great place for road trips. With these low prices, you can explore the Sooner State without worrying about fuel costs.
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3. Arkansas: $3.13
In Arkansas, you can fill up for just $3.13 per gallon. The Natural State offers beautiful landscapes, from the Ozark Mountains to the Mississippi River. With such affordable gas, it's easier than ever to experience all that Arkansas has to offer.
4. Louisiana: $3.16
Louisiana's gas prices are a bit higher, but still among the cheapest at $3.16 per gallon. From the vibrant culture of New Orleans to the serene bayous, there's plenty to see and do in Louisiana. Low gas prices mean you can spend more on enjoying the local cuisine and music.
5. Kansas: $3.16
Kansas drivers are paying $3.16 per gallon at the pump. Known for its rolling plains and historic sites, Kansas has very long open roads, some scenic. Affordable gas makes it easy to travel across the Sunflower State.
6. Texas: $3.19
At $3.19 per gallon, Texas offers some of the cheapest fuel in the nation thanks to the state's abundant oil production and proximity to major refineries, particularly along the Gulf Coast. Whether navigating the bustling streets of Dallas or venturing through the expansive landscapes of West Texas, you can cover more ground without breaking the bank on fuel costs.
7. South Carolina: $3.20
South Carolina drivers enjoy gas prices averaging $3.20 per gallon. From the Lowcountry beaches to Charleston's historic charm, affordable gas makes exploring the Palmetto State even more appealing.
8. Colorado: $3.21
Colorado's gas prices are $3.21 per gallon, making it an affordable destination for road trips. With stunning mountain scenery and outdoor adventures, you can explore the Centennial State without worrying too much about fuel costs.
9. Tennessee: $3.22
In Tennessee, gas prices average $3.22 per gallon. From the music scene in Nashville to the natural beauty of the Great Smoky Mountains, there's plenty to see and do. Low gas prices make it easier to enjoy everything Tennessee has to offer.
10. Alabama: $3.22
Alabama, where drivers pay $3.22 per gallon, rounds out the list. Alabama is a great place to explore, with its rich history and beautiful landscapes. Affordable gas means traveling across the state without spending too much at the pump.
Other tips for saving on gas
Saving money on gas is not just about where you fill up; it's also about how you drive and maintain your vehicle. Here are some practical tips to help you maximize your fuel efficiency and save at the gas pump.
- Plan your routes: Use apps like GasBuddy to find the cheapest gas prices along your route.
- Maintain your vehicle: Regularly inflated tires and regular maintenance can improve gas mileage.
- Drive smart: Avoid rapid acceleration and heavy braking to save fuel.
- Carpool: Share rides with friends or colleagues to reduce the number of trips you need to make.
Watch your auto insurance costs, too
For road trippers eager to explore new destinations without overextending their budgets, finding ways to cut down on auto insurance costs can make a significant difference. Here are some practical tips for road trippers looking to lower their car insurance costs.
- Bundle insurance policies
- Increase your deductible
- Check for low-mileage discounts
- Make sure you're not over insured
- Shop around for policies
- Take advantage of membership and other discounts
- Complete an approved defensive driving course
Implementing these tips can help ensure your journey is not only adventurous but also economical in terms of insurance costs.
Finding cheap gas can make a big difference in your travel budget. By filling up in these 10 states with the lowest gas prices, you can keep more money in your pocket for your adventures. Safe travels and happy driving!
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