Gas Prices Today June 2, 2022: Cheapest Places to Buy Petrol in the US
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| Gas Prices Today, June 2, 2022: Find out the cheapest Gas Stations Today in USA |
Entering the early days of June, 2022, the average gas price in the US is still high (a gallon rose less than three cents over the past week to reach $4.67 for today June 2) and shows no sign of cooling down: crude oil has moved above $115 a barrel due to fears of further global supply constraints caused by a European Union (EU) ban on Russian oil exports.
In the US for today (June 2, 2022): National average for a gallon of gas is $4.67 (updated), which is over 45 cents more than a month ago, and $1.58 more than a year ago.
With gas prices dancing like today, you will face a situation: Even within the same city or the same post code, there can a big variation in gas price.
Based on extensive source of up-to-date data, we try to list you where the cheapest gas is available. Here is our guide to the cheapest and most expensive gas stations in the USA's biggest cities.
What state has the highest gas prices?
California has long been the US state with the highest gas prices and it remains that way, with the average price currently sitting at $6.12 per gallon of regular fuel.
Read More: 10 Tricks to Save you Fuel When Driving an Automatic Car
What State Has the Cheapest Gas Stations in the US?
The state with the lowest average gas price right now is Kansas, where it costs $4.13 per gallon of regular fuel. It has recently overtaken Oklahoma to become the cheapest state.
What City Has the Cheapest Gas Stations in the US
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| Gas Price Today in USA |
Americans are paying record-high prices for gasoline as the summer travel season arrives — an issue that's weighing on consumers. If you are looking to get cheap gas, the following are the lowest-priced places to get gas for each of the 10 most-populated cities of the United States:
New York, New York (4.24 dollars): Smoke Signals, 5126 Garlow Rd, Lewiston, NY.
Los Angeles, California (5.17 dollars): Shell, 1400 S Alameda St Los Angeles, CA.
Chicago, Illinois (5.17 dollars): Costco, 1430S Ashland Ave Chicago, IL.
Houston, Texas (4.13 dollars): Circle K, 926 Westheimer Rd Houston, TX.
Phoenix, Arizona (5.09 dollars): Circle K, 1732 W Van Buren St Phoenix, AZ.
Philadelphia, Philadelphia (4.79 dollars): 1840 Ridge Ave Philadelphia, PA.
San Antonio, Texas (4.09 dollars): Coyote Express, 1602 W Commerce St San Antonio, TX.
San Diego, California (5.67 dollars): Petromerica, 1548 F St San Diego, CA
Dallas, Texas (4.28 dollars): Shell, 8015 C F Hawn Fwy, Dallas, TX.
San Jose, California (5.59 dollars): Grand Gas, 899 N 13Th St San Jose, CA.
*Check updated gas price in June 3, 2022
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| National Gas Prices in USA |
Top 10 Largest Weekly Increases of Gas Price in the US
Wisconsin (+11 cents), Colorado (+11 cents), California (+10 cents), Utah (+10 cents), Oklahoma (+9 cents), Iowa (+9 cents), Minnesota (+9 cents), North Dakota (+8 cents) and Montana (+8 cents).
Top 10 Most Expensive Markets of Gas Price in the US
California ($6.16), Hawaii ($5.43), Nevada ($5.30), Washington ($5.23), Oregon ($5.21), Alaska ($5.21), Illinois ($5.00), Arizona ($4.95), New York ($4.92) and Washington, D.C. ($4.84).
U.S. Gas Prices Could Soon Top $5 - $6
Gas prices nationally could reach $5 a gallon on average by as early as June 17, according to Patrick De Haan, an analyst for GasBuddy.
Drivers could be paying an average per-gallon price of $6.20 by August, according to JPMorgan analyst Natasha Kaneva.
The benchmark Brent crude oil is now trading at about $118 per barrel, or 71% higher than a year earlier, according to FactSet. Demand from consumers and businesses has spiked as the economy recovered from the initial COVID-19 pandemic, but refineries aren't keeping up with demand.
Meanwhile, Russia's war in Ukraine is pushing prices higher as the U.S. and other nations restrict purchases of Russian energy products. This week, European Union leaders agreed to embargo most Russian oil imports to members of the trading bloc by year-end.
| The total domestic gasoline stocks decreased by 500,000 bbl to 219.7 million bbl last week. Gasoline demand also dipped from 9 million b/d to 8.8 million b/d, approximately 700,000 b/d lower than a year ago. The softening of gas demand helped minimize price increases ahead of Memorial Day. However, gas demand may spike this week after drivers took to the roads for the holiday. But pump price increases could be limited if demand slows again following the holiday weekend - Energy Information Administration (EIA) Data. |
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