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How much is gasoline in your area?

Here in Santa Fe it changes day to day. Yesterday it was $2.29/gallon for regular. Today it was $2.89/gallon. It seems to go up each time I need gas. Last time I filled up I was going to fill at $23.39/gallon, but decided to wait until the next day. So, I waited and it was $2.69/gallon.
 
Paid $2.099/gallon my last fill-up a couple of days ago in Conroe, TX but most nearby gas stations were about $0.20 more.
 
Costco gasoline in Newport News, Va $2.56 per gallon regular gasoline.
BJ’s gasoline in Chesapeake, Va $2.36 per gallon for regular gasoline.
Both prices were before noon yesterday . 1/22/2026.
 
Just to be clear, gas prices are not down because of a huge surge in drilling. US rig count is DOWN from 2024 although barrels per day have modestly increased by 3% to 13.6 million barrels per day in 2025 as compared to 13.2 million barrels per day in 2024. That increase in barrels per day is attributed not to more new drilling, but to "increasing production efficiency out of maturing wells".

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)

www.eia.gov www.eia.gov

Because of how low prices are now, wells will continue to be shut down and, indeed, barrels per day is forecast to decline to 13.3 million barrels per day in 2027.

So how have prices come down fairly substantially despite no new drilling and only a 3% increase in US barrels per day during 2025 relative to 2024? It appears that Saudi Arabia and other Gulf states have simply lowered their prices. In my opinion, that's because of their being very thankful that (1) no one questions their human rights records as well as (2) their chief rival in the oil business, Iran, getting sanctioned and suppressed. Another manifestation of that thankfulness is Qatar gifting the US a new Air Force 1.

They can't lower their prices too low, though. Already, "high extraction cost" frackers are having to shut down and drillers, etc. laid off because their extraction costs are higher than the price per barrel of oil. Any lower and that would be a huge problem not just for frackers, but the American oil industry in general.
 
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Regular gas at Costco in Newport News,Va yesterday was $2.56 per gallon.
 
In my post #205 above, I wrote what I saw in that day's eia.gov website as follows:

"...US rig count is DOWN from 2024 although barrels per day have modestly increased by 3% to 13.6 million barrels per day in 2025 as compared to 13.2 million barrels per day in 2024. That increase in barrels per day is attributed not to more new drilling, but to "increasing production efficiency out of maturing wells"....

Since I provided a link to the website, that link would have shown precisely that information on that day.

But I just clicked on the link and I can't find that information although it was front and center at the time. I think from now on, since the Forums may be examined months or years from now, I should do screenshots ands not links to that day's website.

The current "front and center" webpage does have a summary of past petroleum production as well as forecasts for the future:

petroleum.jpg


So there doesn't appear to be any new surge in drilling for crude oil. Nor will there be according to the government subject matter experts.
 
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Today in Chesapeake,Virginia regular gas at BJ Warehouse and Walmart was the seen price $2.61 per gallon.
 
Yesterday at a Boston area BJ's, I paid $2.61 per gallon. The sign indicated that, if I had the BJ's credit card, I could have paid $2.45.

I filled up all my vehicles yesterday in the event that gas prices rise due to world events.

Other gas stations were $2.85 to $3,05 so the BJ's discounted price was pretty good.
 
$2.89 at Cumbies. $2.71 at BJs in NH where I live.
 
At noon today, the Gas Stations in the Bismarck, ND area had gas between 2.55 and 2.65
At 7:00 tonight, they are all at 2.99
 
$5.40 for regular at the Shell on Internation Blvd by SeaTac when I went by yesterday. Thank goodness our family only has one car and rarely drives.
 
The other day $2.49 with a loyalty card. I’m sure it has jumped now.
 
I just filled my other car. It was $2.99.
 
$2..99 for CO regular 85 octane. $3.25 for the 87 octane which is CO midgrade.
 
$3.29 cash - $3.39 Credit Card today - Staten Island, NY
 
Brett said:
Yes, for some reason gas prices have increased

But it's nothing compared to electricity prices


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Oh yes. People have been complaining for months, but only my last bill really shocked me. It had been extremely cold, but still…..
 
$2.69 per gallon of regular gas @ Costco in Florida on Tuesday evening. I expect that to go up at some point.

Hot Dogs and a soda are still $1.50. They won't be going up.














.
 
We were on the Big Island till 3 weeks ago Safeway was 3.87 here in NW Iowa pd. 2.49 the other day.
 
$4.79 St Thomas USVI 2/28
 
BJ's today: $2.71 but $2.55 if you have their credit card. That's exactly 10 cents more per category compared to when I filled up last Sunday. So no extreme price rises as yet.

Supermarket prices are unchanged and I expect they will remain unchanged. Boston area supermarkets never played the "gas prices being high necessitates higher grocery prices" game. The fact that a truckload of gas may be a bit higher will not appreciably (or at all) add more than a partial cent to the "per item" price of hundreds if not thousands of items in the truck.
 
$2.72/gal at Costco in St. Augustine this morning.

Edited to add: It was as low as 2.56/gal here a few weeks ago. For the past several months, it has bounced between $2.60 and $2.85 at Costco. Buc-ee's and Gate have bounced between $2.90-$3.10.
 
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