Current:Home > InvestGas prices set to hit the lowest they've been since 2021, AAA says -MoneyBase
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-18 12:14:07
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! (372)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Current COVID response falling behind, Trump's former health adviser says
- See Hurricane Idalia from space: Satellite views from International Space Station show storm off Florida coast
- U.S. to send $250 million in weapons to Ukraine
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Florida Governor Ron DeSantis faces Black leaders’ anger after racist killings in Jacksonville
- Bomb threat at Target in New Berlin was a hoax, authorities say
- Texas drought exposes resting place of five sunken World War I ships in Neches River
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Forklift operator dies in accident at Boston’s Logan International Airport
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Extremely rare Amur tiger dies in 'freak accident' prepping for dental procedure
- 30 Florida counties told to flee as Idalia approaches, hate crimes spike: 5 Things podcast
- White House says Putin and Kim Jong Un traded letters as Russia looks for munitions from North Korea
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Yankees release former AL MVP Josh Donaldson amidst struggles, injuries in Bronx
- This baby alpaca was lost and scared until a man's kindness helped it find its way home
- When is 'AGT' on tonight? Where to watch next live show of Season 18
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Victims' families still grieving after arrests in NYC druggings
Lupita Nyong’o Gives Marvelous Look Inside Romance With Boyfriend Selema Masekela
Phillies set to use facial authentication to identify ticketholders
What do we know about the mysterious drones reported flying over New Jersey?
Who’s running for president? See a rundown of the 2024 candidates
Meg Ryan Returns to Rom-Coms After 14 Years: Watch the First Look at What Happens Later
The EPA removes federal protections for most of the country's wetlands