Current:Home > StocksGas prices set to hit the lowest they've been since 2021, AAA says -Streamline Finance
Gas prices set to hit the lowest they've been since 2021, AAA says
PredictIQ Quantitative Think Tank Center View
Date:2025-04-07 21:51:27
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! (9766)
Related
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- Auburn police fatally shoot man at apartment complex
- Brian Jordan Alvarez dissects FX's subversive school comedy 'English Teacher'
- Tamra Judge’s Mom Roasts Her Over Her Post Cosmetic Procedure Look on Her Birthday
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Florida man sentenced for attacking Jewish teens
- Howard University’s capstone moment: Kamala Harris at top of the ticket
- 1 person dead following shooting at New York City's West Indian Day Parade, police say
- Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
- Murder on Music Row: Predatory promoters bilk Nashville's singing newcomers
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Princess Märtha Louise of Norway Marries Shaman Durek Verrett in Lavish Wedding
- James Darren, ‘Gidget’ teen idol, singer and director, dies at 88
- Angelina Jolie gets emotional during standing ovation at Telluride Film Festival
- A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
- Aaron Judge home run pace: Tracking all of Yankees slugger's 2024 homers
- Coco Gauff's US Open defeat shows she has much work to do to return to Grand Slam glory
- Murder on Music Row: Phone calls reveal anger, tension on Hughes' last day alive
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
George Clooney calls Joe Biden 'selfless' for dropping out of 2024 presidential race
Adele reveals she's taking an 'incredibly long' break from music after Las Vegas residency ends
The Fed welcomes a ‘soft landing’ even if many Americans don’t feel like cheering
Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
'One Tree Hill' reboot in development at Netflix with Sophia Bush, Hilarie Burton set to return
The ManningCast is back: Full schedule for 2024 NFL season
Jessica Pegula earns seventh quarterfinal Grand Slam shot. Is this her breakthrough?