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24/7 Wall St.: 10 States with the Cheapest Gas

6. Arkansas

Regular gas price per gallon: $3.17
Tax per gallon: 21.8 cents (16th lowest)
Number of operating oil refineries: 2

The two refineries in Arkansas process about 90,500 barrels of gulf coast WTI crude oil per day, likely contributing to the low gas prices in the state. Another reason for the state’s low gas prices can also be its relatively low taxes on gas. Consequently, transportation costs are the third lowest in the U.S. Gas prices in Arkansas have decreased by more than 15% since they peaked in early April.

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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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