Current:Home > StocksGas prices set to hit the lowest they've been since 2021, AAA says -TradeWisdom
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-17 02:45:05
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 atsdmartin@usatoday.com.
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! (89552)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- These new museums (and more) are changing the way Black history is told across America
- Subpoenas on Maui agencies and officials delay release of key report into deadly wildfire
- LeBron scores 25, D’Angelo Russell ties Lakers 3-pointers record in LA’s 136-105 win over Hawks
- Senate begins final push to expand Social Security benefits for millions of people
- Afghan refugee convicted of murder in a case that shocked Albuquerque’s Muslim community
- March Madness snubs: Oklahoma, Indiana State and Big East teams lead NCAA Tournament victims
- U.S. weighing options in Africa after Niger junta orders departure from key counterterrorism base
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Suspect in fatal shooting of New Mexico state police officer caught
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Rules that helped set real estate agent commissions are changing. Here’s what you need to know
- Caitlyn Jenner and Lamar Odom Reuniting for New Podcast
- Stock market today: Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 years
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Pink Shares Hilarious Glimpse at Family Life With Kids Willow and Jameson
- Sister Wives Star Garrison Brown’s Sister Details His Mental Health Struggles
- 2 dead, 5 wounded in mass shooting in Washington, D.C., police say
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Ohio Supreme Court primary with 2 Democrats kicks off long campaign over court’s partisan control
Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies
Full transcript of Face the Nation, March 17, 2024
Trump issues order to ban transgender troops from serving openly in the military
Virginia university professor found dead after being reported missing at Florida conference
Pink Shares Hilarious Glimpse at Family Life With Kids Willow and Jameson
California Lottery reveals name of man representing a group of winners of second-largest US jackpot