Current:Home > StocksGas prices set to hit the lowest they've been since 2021, AAA says -MoneyStream
Gas prices set to hit the lowest they've been since 2021, AAA says
Algosensey Quantitative Think Tank Center View
Date:2025-04-10 10:23:11
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! (835)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Kylie Jenner & Khloe Kardashian Bring Kids to Friend's Birthday Party That's Straight Out of a Fairytale
- Poland to be first NATO country to provide fighter jets to Ukraine
- Pope Francis expands sex abuse law, reaffirms adults can be victims
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Why Women Everywhere Love Khloé Kardashian's Good American Clothing Line
- TikToker Taylor Frankie Paul Facing Domestic Violence and Child Abuse Charges After Arrest
- Uganda anti-LGBTQ bill that would impose death penalty for aggravated homosexuality draws condemnation
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Finland offering free trips after being named world's happiest country six years in a row
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- More than 2,000 Afghans still arbitrarily detained in UAE camp exactly like a prison, rights group says
- Pentagon releases dramatic video said to show Russian jet collision with U.S. drone over Black Sea near Ukraine
- Pete Davidson and Chase Sui Wonders Pack on the PDA During Kauai Getaway
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Somalia drought blamed for some 43,000 deaths, half of them children, as climate change and conflict collide
- Andy Cohen Addresses Tom Sandoval and Ariana Madix's Vanderpump Rules Breakup Scandal
- These Beauty Hacks From the Dancing With the Stars Cast Deserve a Perfect 10
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Mexico's president blames U.S. fentanyl crisis on lack of love, of brotherhood, of hugs
Pregnant Rihanna Shares Photo of Her Son in Tears After He Learned His Sibling Gets to Go to the Oscars
Trump White House failed to report 117 foreign gifts and some are missing, House Democrats say
Nearly half of US teens are online ‘constantly,’ Pew report finds
Isle of Paradise Flash Deal: Save $25 on Mess-Free Self-Tanning Mousse
Long-ignored Fourth Mafia emerges as most violent in Italy: You always feel the fear
Hoda Kotb Returns to Today After 3-Year-Old Daughter Hope Is Discharged From Hospital
Tags
Like
- What do we know about the mysterious drones reported flying over New Jersey?
- Police chief says exorcism and prayer used to fight crime and cartels in Colombia: The existence of the devil is certain
- Somalia drought blamed for some 43,000 deaths, half of them children, as climate change and conflict collide