Current:Home > StocksGas prices set to hit the lowest they've been since 2021, AAA says -EliteFunds
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-12 19:17:42
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! (9)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Gisele Bündchen Shares Why She's Grateful for Tom Brady Despite Divorce
- YouTube CEO defends decision to demonetize Russell Brand's channel amid sexual assault allegations
- A fire at an Iranian defense ministry’s car battery factory has been extinguished, report says
- Arkansas State Police probe death of woman found after officer
- The big twist in 'A Haunting in Venice'? It's actually a great film
- Both parties rally supporters as voting begins in Virginia’s closely watched legislative elections
- Canada-India relations strain over killing of Sikh separatist leader
- The company planning a successor to Concorde makes its first supersonic test
- Postpartum depression affects 1 in 7 women in the US: 5 Things podcast
Ranking
- Sam Taylor
- Want a place on the UN stage? Leaders of divided nations must first get past this gatekeeper
- Book bans continue to rise in US public schools, libraries: 'Attacks on our freedom'
- Targeted strikes may spread to other states and cities as midday deadline set by auto workers nears
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- The Amazing Race of Storytelling: Search for story leads to man believed to be Savannah's last shoe shiner
- US education chief considers new ways to discourage college admissions preference for kids of alumni
- More than 35,000 people register to vote after Taylor Swift post
Recommendation
Bodycam footage shows high
Are paper wine bottles the future? These companies think so.
Fulton County DA investigator accidentally shoots herself at courthouse
With the future of AM unclear, a look back at the powerful role radio plays in baseball history
Travis Hunter, the 2
At least 20 students abducted in a new attack by gunmen targeting schools in northern Nigeria
Cowboys CB Trevon Diggs out for season after tearing ACL in practice
BET co-founder Sheila Johnson says writing new memoir helped her heal: I've been through a lot