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24/7 Wall St.: States with the Cheapest Gas

3. Alabama

Regular gas price per gallon: $3.54

Tax per gallon: 20.9 cents (14th lowest)

Number of operating refineries: 3

One year ago, gas cost $3.30 a gallon in the state, compared to an average of $3.42 nationwide. At that time, gas prices in 12 states were cheaper than in Alabama. Since then, the state’s prices have risen by only 24 cents per gallon compared to a national average increase of 36 cents per gallon, making gas in the state far cheaper relative to the rest of the United States. The state helps keep costs low for drivers by limiting gas taxes. The state’s excise tax of 16 cents a gallon is among the lowest in the county.

(iStock Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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