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Reading: Gas Prices Remain Near 4-Year Low, Southern States See Significant Savings
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Gas Prices Remain Near 4-Year Low, Southern States See Significant Savings

News Desk
Last updated: February 12, 2026 5:05 pm
News Desk
Published: February 12, 2026
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Gas prices across the United States have recently stabilized near the lowest levels seen in four years. According to data released by the U.S. Energy Information Administration, the national average for regular gasoline stands at $2.90 per gallon, a slight increase from a recent low of $2.78 recorded four weeks ago. This dip marks the lowest price point since spring 2021 and emphasizes a broader trend where gas prices have remained below $3 per gallon for the past 11 weeks. This period represents the longest stretch beneath that threshold since May 2021, contrasting sharply with the summer of 2022 when prices surged past the $4 mark, topping even $5 in some areas.

Notably, consumers in certain Southern states are benefiting from significantly lower prices than those in the West Coast, where prices remain considerably higher. The volatility observed in gas prices over the past few years underscores the current situation’s significance. Following a spike in 2022, prices fluctuated between $3 and $4 for much of 2023 and 2024 and have remained stable in the lower $3 range throughout most of 2025, dipping below $3 at the beginning of December 2025.

In related business news, shares of Anheuser-Busch InBev, the parent company of Budweiser, saw a notable increase of 5% after the beer maker announced strong fourth-quarter earnings that exceeded analysts’ expectations. The company’s revenues for this quarter amounted to $15.55 billion, with adjusted earnings per share reaching $0.95. Anheuser-Busch attributed their success to the advertising surrounding major sporting events such as the recent Super Bowl, ongoing Winter Olympics, and upcoming World Cup, positioning the brand strongly within the marketplace. Over the past year, shares have appreciated by approximately 55%.

In corporate leadership changes, CarMax appointed Keith Barr as its new CEO, succeeding Bill Nash. Barr, who previously held the CEO position at InterContinental Hotels Group, will officially start on March 16. His appointment follows Nash’s departure in December amidst a significant decline in the company’s stock value, which has nearly halved over the last year.

In the collectibles market, excitement is brewing around Topps’ latest baseball card release, which includes a unique opportunity for collectors to obtain a 1952 Mickey Mantle card – often considered the “Holy Grail” of baseball cards. The trading card set, celebrating its 75th anniversary, offers a chance for lucky buyers to redeem a card for the legendary Mantle, which commands staggering prices at auction.

In health news, Novocure’s stock surged by 25% following the U.S. Food and Drug Administration’s approval of its Optune Pax treatment for advanced pancreatic cancer. This marks the first new treatment approved for this severe condition in nearly three decades. The groundbreaking wearable medical device employs Tumor Treating Fields, an innovative approach aimed at impeding cancer cell replication.

The stock market appears to be on an upward trajectory, with futures for major indices such as the Dow Jones Industrial Average and S&P 500 projected to increase by 0.3%, following a pullback from record highs.

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