Lowest Gas Price In US Today: LNG Flows Tell A Deeper Story
- 01. Lowest Gas Price in US Today: What the Data Shows
- 02. State-by-State Breakdown of Lowest Gas Prices
- 03. How LNG Supply Influences Domestic Gasoline Pricing
- 04. Key LNG Export Capacity Additions Through 2027
- 05. Why Texas and Oklahoma Have the Lowest Gas Prices
- 06. Real-Time Gas Price Tracking Tools
- 07. Market Intelligence Context for Energy Executives
Lowest Gas Price in US Today: What the Data Shows
The lowest gasoline price in the US today is $2.23 per gallon, found at an Alon station in Trent, Texas, according to real-time GasBuddy data as of May 31, 2026. Oklahoma holds the lowest statewide average at $2.36 per gallon, followed by Texas, Colorado, and Iowa, all averaging $2.51 per gallon. The AAA national average stands at $4.356 per gallon as of May 30, 2026, making Texas and Oklahoma significantly below the national benchmark.
State-by-State Breakdown of Lowest Gas Prices
The Southern and Midwestern regions dominate the cheapest gas rankings, with Texas leading the nation for individual station lows and Oklahoma leading for statewide averages. This geographic pattern reflects refining capacity concentration and lower distribution costs in the Gulf Coast region.
| State | Lowest Individual Station Price | Statewide Average | Location of Lowest Price |
|---|---|---|---|
| Texas | $2.23 | $2.51 | Alon, Trent, TX |
| Oklahoma | $2.29 | $2.36 | Valero, Ardmore, OK |
| Mississippi | $2.33 | $2.68 | Murphy USA, Horn Lake, MS |
| Colorado | N/A | $2.51 | Statewide average |
| Iowa | N/A | $2.51 | Statewide average |
| Arkansas | N/A | $2.52 | Statewide average |
| Delaware | $2.69 | $2.69 | Speedy Gas, Wilmington, DE |
How LNG Supply Influences Domestic Gasoline Pricing
The United States has grown into the top LNG supplier globally, processing approximately 18 billion cubic feet of natural gas daily into liquefied natural gas. This abundant domestic natural gas supply keeps feedgas prices low, which indirectly supports lower gasoline prices through integrated refining operations and reduced energy costs across the fuel supply chain.
The EIA explicitly attributes rising LNG exports to "a plentiful supply of natural gas, flexible export contracts, and relatively low feedgas prices". With net natural gas exports forecast to grow 18% to 18.7 Bcf/d in 2026 and another 10% to 20.5 Bcf/d in 2027, the feedgas price advantage continues expanding.
Key LNG Export Capacity Additions Through 2027
- Corpus Christi Stage 3: Trains 5-7 adding 0.6 Bcf/d in 2026
- Golden Pass LNG: First two trains adding 1.4 Bcf/d in 2026, final train 0.7 Bcf/d in 2027
- Port Arthur LNG Phase 1: 1.6 Bcf/d beginning exports in 2027
- Rio Grande LNG Trains 1 & 2: 1.4 Bcf/d beginning exports in 2027
- Plaquemines LNG: DOE approved 0.5 Bcf/d increase in March 2026
Why Texas and Oklahoma Have the Lowest Gas Prices
Texas and Oklahoma benefit from three structural advantages: proximity to major refineries, absence of state gasoline taxes in some jurisdictions, and integration with Gulf Coast LNG infrastructure. The Permian Basin drives record natural gas production, hitting 108 bcf/d in July 2025, which anchors low feedstock costs across the region.
Refiners in these states process crude into gasoline while simultaneously supplying natural gas to LNG export terminals. This integrated supply chain creates pricing efficiency that distant states cannot match, explaining why California's average remains the highest nationally while Texas leads with the lowest individual station prices.
Real-Time Gas Price Tracking Tools
For executives and procurement teams monitoring fuel cost trends, several authoritative sources provide daily updates:
- GasBuddy: Real-time individual station prices with heat maps and city-specific data
- AAA Fuel Prices: Official state-average quotations used for benchmarks
- EIA U.S. Gasoline Retail Prices: Historical and current government data
- Forbes Advisor: Daily state-by-state averages with year-over-year comparisons
Market Intelligence Context for Energy Executives
The global LNG market size is projected to grow from 553.16 mtpa in 2026 to 822.68 mtpa by 2031, representing an 8.25% CAGR. Major players including Cheniere Energy, Shell, QatarEnergy LNG, TotalEnergies, and Petronas are expanding capacity to meet European and Asian demand, with Europe accounting for 68% of LNG export volumes in 2025.
"The increase in LNG exports from the United States can be attributed to several factors, including a plentiful supply of natural gas, flexible export contracts, and relatively low feedgas prices." - U.S. Energy Information Administration, February 2026
For procurement teams and investors tracking energy market intelligence, the convergence of record natural gas production, expanding LNG export capacity, and stable domestic gasoline prices in the South represents a structural advantage that will persist through 2027 and beyond.
Everything you need to know about Lowest Gas Price In Us Today Lng Flows Tell A Deeper Story
Does LNG Export Growth Raise Domestic Gas Prices?
No-current data shows LNG exports correlate with stable or lower domestic prices due to abundant supply. The EIA notes that plentiful natural gas supply and low feedgas prices drive LNG export growth, not domestic shortages. US natural gas production reached record levels while exports expanded, creating surplus capacity that benefits both export markets and domestic consumers.
What Is the National Average Gas Price Today?
The AAA national average is $4.356 per gallon as of May 30, 2026. Forbes Advisor reports $3.17 per gallon from earlier 2025 data, while Mordor Intelligence cites $3.16 per gallon as of September 2025. The discrepancy reflects real-time volatility and different reporting methodologies between sources.
Which Region Has the Cheapest Gas Consistently?
The Southern tier-particularly Texas, Oklahoma, Mississippi, and Arkansas-consistently posts the lowest prices due to refining hub proximity and lower distribution costs. This pattern has held for multiple years, with the Gulf Coast region maintaining a $0.50-$1.00 per gallon advantage over West Coast states.
How Do LNG Export Projects Impact Gasoline Margins?
LNG export terminals increase demand for natural gas but do not directly consume gasoline feedstocks. However, integrated energy companies often operate both refining and liquefaction facilities, allowing them to optimize crack spreads across product lines. The $287 billion in planned liquefaction capacity expansion through 2027 signals sustained investment in Gulf Coast infrastructure that benefits regional fuel pricing.
