Current:Home > reviewsGas prices set to hit the lowest they've been since 2021, AAA says -Edge Finance Strategies
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-18 21:32:13
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! (31197)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Authorities investigate a house fire that killed three family members in northern Maine
- National Association of Realtors CEO stepping down; ex Chicago Sun-Times CEO tapped as interim hire
- AP Week in Pictures: Global | Oct. 27 - Nov. 2, 2023
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Nevada Sen. Jacky Rosen says antisemitic threats hit her when she saw them not as a senator, but as a mother
- Colombia will try to control invasive hippo population through sterilization, transfer, euthanasia
- A pilot accused of threatening to shoot a commercial airline captain is an Air Force Reserve officer
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Following an Israeli airstrike, crowded Gaza hospital struggles to treat wounded children
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Uber, Lyft agree to $328 million settlement over New York wage theft claims
- Biden will host Americas summit that focuses on supply chains, migration and new investment
- Trump eyes radical immigration shift if elected in 2024, promising mass deportations and ideological screenings
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Tuberville pressured by Republicans on Senate floor to end hold on military nominations
- Miami police officer passed out in a car with a gun will be charged with DUI, prosecutors say
- Movies and TV shows affected by Hollywood actors and screenwriters’ strikes
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Santa Fe considers tax on mansions as housing prices soar
Celine Dion meets hockey players in rare appearance since stiff-person syndrome diagnosis
2 Mississippi men sentenced in a timber scheme that caused investors to lose millions of dollars
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Titans vs. Steelers live updates: Predictions, odds, how to watch Thursday Night Football
Jessica Simpson Has the Perfect Response to Madison LeCroy's Newlyweds Halloween Costume
Alabama can use nitrogen in execution, state's top court rules