Current:Home > MarketsGas 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:2025-04-16 15:59:54
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! (16)
Related
- 'Stranger Things' prequel 'The First Shadow' is headed to Broadway
- This trio hopes 'Won't Give Up' will become an anthem for the climate movement
- USA TODAY Network and Tennessean appoint inaugural Beyoncé reporter
- China, Iran, Arab nations condemn Israeli minister’s statement about dropping a nuclear bomb on Gaza
- PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
- Detroit-area doctor grieves the loss of 20 relatives killed during Israel’s war against Hamas
- Climate change affects your life in 3 big ways, a new report warns
- Need a new tax strategy? These money-saving tips taken by Dec 31 may help pad your pockets
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Leonardo DiCaprio Raps for A-List Guests at Star-Studded 49th Birthday Party
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- The UN's Guterres calls for an 'ambition supernova' as climate progress stays slow
- New 'NCIS: Sydney' takes classic show down under: Creator teases release date, cast, more
- What is solar winter and are we in it now? What to know about the darkest time of year
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- Long Live Kelsea Ballerini’s Flawless Reaction to Taylor Swift and Travis Kelce’s Concert Kiss
- Looking to save in a Roth IRA next year? Here's what you need to know.
- Hell's Kitchen: Alicia Keys' life and music inspires a new musical
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Stephen A. Smith says Aggies should hire Deion Sanders, bring Prime Time to Texas A&M
Peppermint Frosty is back at Wendy's: Here's how to get one for free this week
You're First in Line to Revisit King Charles III's Road to the Throne
Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
Honoring America's war dead far from home
Footprints lead rescuers to hypothermic hiker — wearing only a cotton hoodie — buried under snow on Colorado mountain
Sen. Tim Scott announces he's dropping out of 2024 presidential race