Current:Home > MarketsGas prices set to hit the lowest they've been since 2021, AAA says -ProfitLogic
Gas prices set to hit the lowest they've been since 2021, AAA says
SafeX Pro Exchange View
Date:2025-04-07 14:50:39
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! (7643)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Nancy Mace tries to cement her hold on her US House seat in South Carolina
- Sign of the times in front yard political wars: A campaign to make America laugh again
- How to watch Jon Stewart's 'Election Night' special on 'The Daily Show'
- Tom Holland's New Venture Revealed
- Nancy Mace tries to cement her hold on her US House seat in South Carolina
- Democrats defend Michigan’s open Senate seat, a rare opportunity for Republicans
- Jayden Maiava to start over Miller Moss in USC's next game against Nebraska, per reports
- Senate begins final push to expand Social Security benefits for millions of people
- Republicans hope to retain 3 open Indiana House seats and target another long held by Democrats
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Montana Rep. Zooey Zephyr must win reelection to return to the House floor after 2023 sanction
- McBride and Whalen’s US House race sets the stage for a potentially historic outcome
- These Oprah’s Favorite Things Are Major Sell-Out Risks: Don’t Miss Your Chance!
- The company planning a successor to Concorde makes its first supersonic test
- Ruby slippers from ‘The Wizard of Oz’ are for sale nearly 2 decades after they were stolen
- Tennessee’s US Sen. Blackburn seeks reelection against Democratic state Rep. Gloria Johnson
- Massachusetts Democrat Elizabeth Warren seeks third term in US Senate against challenger John Deaton
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Progressive district attorney faces tough-on-crime challenger in Los Angeles
Tropical Storm Rafael to become hurricane before landfall in Cuba. Is US at risk?
Selena Gomez, Mariska Hargitay and More Stars Who’ve Voted in 2024 U.S. Presidential Election
Military service academies see drop in reported sexual assaults after alarming surge
Democrat Sheldon Whitehouse seeks a fourth term in the US Senate from Rhode Island
Prince's Sister Tyka Nelson Dead at 64
Ohio set to decide constitutional amendment establishing a citizen-led redistricting commission