The price of regular gasoline in the United States saw its largest weekly drop since June. According to the Energy Information Administration (EIA), the national average was $4.153 per gallon on Monday, November 2, compared to $4.269 on October 26: a decrease of 11.6 cents. This marks the sixth consecutive week of declines since the peak of $4.478 on September 21, and the lowest price since August 31, when it was $4.071. A larger drop had not been seen since the week of June 22, when the average fell 13.8 cents.
Why it matters: gasoline is cheaper than it was a few weeks ago, but it's still much higher than it was a year ago: it costs $1.134 more per gallon. The EIA prices include all taxes.
Prices fell in all five regions reported by the EIA:
Among states, Colorado ($4.068) dropped 39 cents and Ohio ($4.090), 29 cents. Florida ($3.791) dropped 22.6 cents; California ($5.748), 14; New York ($4.217), 3.2; and Texas ($3.578), 5.4.
In cities, Denver ($4.016) fell 39.1 cents; Miami ($3.872), 20.5; Chicago ($4.706), 19.1; Los Angeles ($5.742), 14.1; New York City ($4.114), 6.4; and Houston ($3.625), 5.6 cents.
The national average for diesel was $6.292 per gallon, 6 cents less than the $6.352 of the previous week, the highest level since September 21. Still, it costs $2.539 more than it did a year ago. California has the most expensive diesel: $8.076.
Some practical measures:
The EIA publishes these prices every week; the next update will be on November 10, 2026.
Source: US Energy Information Administration (EIA), weekly gasoline and diesel prices. Data consulted on November 4, 2026.
