Gas prices: Drop 17 cents per gallon in one week as decreases at the pumps continue

Published June 5, 2026 6:10am ET | Updated June 5, 2026 10:29am ET



The national average price for regular gas fell on Friday, dropping 17 cents in one week to $4.22 per gallon, according to AAA. 

Gas prices have declined for two consecutive weeks, amid a decrease in hostilities between the United States and Iran. On Thursday, the national average price for regular gas was $4.24 per gallon, down from $4.39 a week ago. Fuel costs have dropped 27 cents since May 26 and 34 cents per gallon since setting a 2026 record high on May 21, when gas cost $4.564 per gallon. Gas prices started to fall on Memorial Day weekend, traditionally the start of the summer driving season and, with it, typically an increase in pump prices.

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