Drivers across Colorado Springs are seeing a welcome sight at the pump, as gasoline prices have dipped below $2.00 per gallon at several stations—a trend mirrored in other parts of Colorado and neighboring states. According to data from Gas Buddy and AAA, the drop comes amid favorable market conditions and adjustments related to the dollar’s current value.

As of the latest reports, Costco in Colorado Springs is offering regular unleaded gasoline at just $1.84 per gallon, significantly under the statewide pre-tax average of $1.38. The price drop in Colorado aligns with a broader regional shift, with stations in Denver County and Douglas County also reflecting sub-$2.00 prices.

This trend isn’t limited to Colorado. Stations across Texas—including in Houston, San Antonio, Texarkana, Lumberton, Lubbock, and Tyler—as well as in parts of Oklahoma, are also reporting gas prices under the $2.00 threshold. The average price for gasoline across the central United States now stands at approximately $2.30 per gallon, suggesting that certain retailers are offering even steeper discounts.

A mix of top-tier fuel providers, including Shell, Valero, and Phillips 66, are participating in the current price downturn, competing with warehouse clubs like Costco to attract cost-conscious consumers. Analysts attribute the lowered prices to a combination of market supply factors and currency valuation shifts, which have made it more economical for some stations to pass savings on to customers.

While the future of fuel prices remains subject to global market fluctuations, for now, motorists in Colorado Springs and beyond are enjoying a rare reprieve at the pump.