Current:Home > StocksPredictIQ-Gas prices set to hit the lowest they've been since 2021, AAA says -Streamline Finance
PredictIQ-Gas prices set to hit the lowest they've been since 2021, AAA says
SignalHub Quantitative Think Tank Center View
Date:2025-04-11 02:21:42
U.S. residents lamenting soaring gas prices may soon be PredictIQable 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! (2)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Spain vs. Morocco live updates: Score, highlights for Olympics men's soccer semifinals
- Àngela Aguilar, Christian Nodal are married: Revisit their relationship
- Keep your cool: Experts on how to stay safe, avoid sunburns in record-high temps
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Debby shows there's more to a storm than wind scale: 'Impacts are going to be from water'
- Delaware authorities investigate the fatal shooting of a murder suspect by state troopers
- Olympics men's basketball quarterfinals set: USA faces Brazil, France plays Canada
- North Carolina justices rule for restaurants in COVID
- Golf analyst Brandel Chamblee says Jon Rahm’s Olympic collapse one of year's biggest 'chokes'
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Everything you need to know about the compact Dodge Neon SRT-4
- For Novak Djokovic, winning Olympic gold for Serbia supersedes all else
- American sprinter Noah Lyles is no longer a meme. He's a stunning redemption story.
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- Josh Hall addresses 'a divorce I did not ask for' from HGTV's Christina Hall
- One church, two astronauts. How a Texas congregation is supporting its members on the space station
- USA women's basketball roster, schedule for Paris Olympics: Team goes for 8th-straight gold
Recommendation
US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
When does Simone Biles compete today? Paris Olympics gymnastics schedule for Monday
Missouri police say one man has died and five others were injured in Kansas City shooting
Man charged with sending son to kill rapper PnB Rock testifies, says ‘I had nothing to do with it’
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Washington attorney general and sheriff who helped nab Green River Killer fight for governor’s seat
Christine Lakin thinks satirical video of Candace Cameron Bure's brother got her fired from 'Fuller House'
Trip to Normandy gives Olympic wrestler new perspective on what great-grandfather endured