Current:Home > StocksGas prices set to hit the lowest they've been since 2021, AAA says -AssetLink
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-12 01:57:04
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! (34781)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- First rioters to breach a police perimeter during Capitol siege are sentenced to prison terms
- Sorry, Batman. Colin Farrell's 'sinister' gangster takes flight in HBO's 'The Penguin'
- This fund has launched some of the biggest names in fashion. It’s marking 20 years
- Billy Bean was an LGBTQ advocate and one of baseball's great heroes
- Watch these puppies enjoy and end-of-summer pool party
- White officer who fatally shot Black man shouldn’t have been in his backyard, judge rules in suit
- Meet Travis Hunter: cornerback, receiver, anthropology nerd and lover of cheesy chicken
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Vouchers ease start-up stress for churches seeing demand for more Christian schools
Ranking
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- Takeaways from AP’s story on the role of the West in widespread fraud with South Korean adoptions
- Journalist Olivia Nuzzi Placed on Leave After Alleged Robert F. Kennedy Jr Relationship
- Giant, flying Joro spiders make creepy arrival in Pennsylvania just in time for Halloween
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Mohamed Al-Fayed, Late Father of Princess Diana's Former Boyfriend Dodi Fayed, Accused of Rape
- Why Blake Shelton Is Comparing Gwen Stefani Relationship to Taylor Swift and Travis Kelce's Romance
- Sean ‘Diddy’ Combs joins list of Hollywood stars charged with sex crimes
Recommendation
Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
Western nations were desperate for Korean babies. Now many adoptees believe they were stolen
Louisiana-Monroe not going to 'hold any fear' vs. Arch Manning, defensive coordinator says
Playoff baseball in Cleveland: Guardians clinch playoff spot in 2024 postseason
Connie Chiume, South African 'Black Panther' actress, dies at 72
OPINION: BBC's Mohamed Al-Fayed documentary fails to call human trafficking what it is
This fund has launched some of the biggest names in fashion. It’s marking 20 years
Brewers give 20-year-old Jackson Chourio stroller of non-alcoholic beer for clinch party