5 States With the Cheapest Gas Prices in the US

In this article, we are going to discuss the 5 states with the cheapest gas prices in the US. If you want to check out our detailed analysis of the global oil and gas market, the reason why gas is so cheap in the U.S., the total refining capacity of the United States, and the transition to biorefineries, head to 20 States With the Cheapest Gas Prices in the US.

5. Louisiana

Price of Gas per Gallon: $2.811

Louisiana ranks among the Top 10 Oil Producing States in the U.S. and the Pelican State’s 15 oil refineries account for nearly one-sixth of the nation’s total refining capacity, capable of processing about 2.9 million barrels of crude oil per day. Because of such high refining capacity within the state itself, gas doesn’t have to travel a lot and so it has low transportation costs.