Current:Home > InvestGas prices set to hit the lowest they've been since 2021, AAA says -FinTechWorld
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-12 22:42:34
U.S. residents lamenting soaring gas prices may soon be able to relax as the national average for gas is set to hit its lowest rate in 3 ½ years, according to a new announcement from AAA.
AAA made the announcement Thursday morning and as of Tuesday, the national average for a gallon of gas is $3.01, company spokesperson Andrew Gross confirmed to USA TODAY.
“32 states already have an average below or well below $3,” Gross said in a news release AAA posted on Thursday. “Hockley County, Texas appears to have the lowest county average, at $2.30.”
The last time the national average was below $3 was in May 2021, AAA said in its announcement last week.
Also noted is that between the end of November and early December, gasoline demand rose slightly from 8.5 million barrels per day to 8.73 barrels per day, according to data from the Energy Information Administration.
Maximize your savings:Best high-yield savings accounts
Will mail be delivered?Are banks, post offices, UPS and FedEx open on Christmas 2024?
Which states have the most expensive gas? The cheapest?
According to AAA, the national average gas prices on Tuesday came in at $3.01 for regular gas, $3.49 for mid-grade, $3.84 for premium, $3.51 for diesel and $2.42 for E85.
AAA keeps track of gas price averages in each state on its website. On average, regular gas was the most expensive in the following states Tuesday:
- Hawaii – $4.56
- California – $4.36
- Washington – $3.96
- Nevada – $3.63
- Oregon – $3.49
- Alaska – $3.42
- Pennsylvania – $3.27
- District of Columbia – $3.23
- Arizona – $3.17
- Illinois – $3.16
- New York – $3.15
- Vermont – $3.12
- Florida – $3.11
- Maine – $3.05
- Connecticut – $3.05
States with the cheapest gas on average Tuesday include:
- Oklahoma – $2.52
- Texas – $2.60
- Mississippi – $2.60
- Arkansas – $2.61
- Kansas – $2.66
- Tennessee – $2.67
- Missouri – $2.68
- Kentucky – $2.70
- Iowa – $2.70
- Louisiana – $2.70
- Wisconsin – $2.72
- South Carolina – $2.73
- Alabama – $2.73
- Nebraska – $2.74
- New Mexico – $2.76
I drive an electric vehicle. What’s the average for me?
AAA also mentioned some notable numbers for drivers whose vehicles are powered by electricity. As of Tuesday afternoon, the national average for a kilowatt of electricity at a public EV charging station was 35 cents.
As of Tuesday afternoon, the states with the most expensive daily average electric charging rates include:
- Hawaii – 57 cents
- Montana – 45 cents
- West Virginia – 44 cents
- New Hampshire – 43 cents
- Idaho – 42 cents
- Arkansas – 42 cents
- Kentucky – 42 cents
- South Carolina – 42 cents
- Alaska – 41 cents
- Oklahoma – 41 cents
- Louisiana – 41 cents
- Tennessee – 41 cents
- Mississippi – 40 cents
- Nevada – 40 cents
- Connecticut – 40 cents
Lastly, the cheapest states for charging Tuesday afternoon came in at:
- Kansas – 22 cents
- Missouri – 25 cents
- Nebraska – 25 cents
- Delaware – 27 cents
- Texas – 28 cents
- District of Columbia – 29 cents
- Utah – 29 cents
- North Dakota –29 cents
- Vermont – 30 cents
- Iowa – 31 cents
- Michigan – 31 cents
- Maryland – 31 cents
- Massachusetts –31 cents
- South Dakota – 31 cents
- Colorado – 32 cents
Saleen Martin is a reporter on USA TODAY's NOW team. She is from Norfolk, Virginia–the 757. Follow her on Twitter at@SaleenMartinor email her at[email protected].
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (61)
Related
- Could your smelly farts help science?
- 'Below Deck,' reality producers stepped in to stop a drunken assault — this time
- Balanced effort leads US past Doncic-less Slovenia 92-62 in World Cup warm-up game
- Jodie Sweetin Disappointed Her New Movie Was Sold to Former Costar Candace Cameron Bure's Network
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Ice cream sold in 19 states is recalled due to listeria outbreak
- Inside Russell Wilson and Pregnant Ciara's Winning Romance
- United pilots miscommunicated. The NTSB says their error caused a plane to plunge more than 1,000 feet
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- The Ultimatum’s April Marie Gives Birth, Welcomes First Baby With Cody Cooper
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Rescued walrus calf that was receiving cuddles as part of his care in Alaska dies
- Anyone who used Facebook in the last 16 years has just days to file for settlement money. Here's how.
- Avian botulism detected at California’s resurgent Tulare Lake, raising concern for migrating birds
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Robert De Niro’s Daughter Shares Heartbreaking Message on Late Son Leandro’s 20th Birthday
- Look Back on Eric Dane and Rebecca Gayheart's Relationship History
- What 'The Red Zone' on college campuses teaches us about sexual assault
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Streamers beware: It's not just Netflix and Disney. A password sharing crackdown is coming.
Kansas court’s reversal of a kidnapping conviction prompts a call for a new legal rule
South Carolina prosecutors say a woman was convicted of homicide in her baby’s death 31 years ago
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Shein's mounting ethical concerns may be pushing some Gen Z shoppers to look elsewhere
Lawsuit targets Wisconsin legislative districts resembling Swiss cheese
Ravens extend preseason streak despite sluggish first half against Eagles