Current:Home > InvestGas prices set to hit the lowest they've been since 2021, AAA says -FutureProof Finance
Gas prices set to hit the lowest they've been since 2021, AAA says
View
Date:2025-04-11 13:45:02
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! (388)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Families of 5 men killed by Minnesota police reach settlement with state crime bureau
- Jason Kelce Teases Brother Travis Kelce About Manifesting Taylor Swift Relationship
- Mega Millions estimated $1.13 billion jackpot has one winning ticket, in New Jersey
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Children's author Kouri Richins tried before to kill her husband, new counts allege
- Brittany Snow Reveals “Saddest Part” of Ex Tyler Stanaland's Selling The OC Drama
- Completion of audit into Arkansas governor’s $19,000 lectern has been pushed back to April
- This was the average Social Security benefit in 2004, and here's what it is now
- Dairy Queen announces new 2024 Summer Blizzard Treat Menu: Here's when it'll be available
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Central American and Mexican families mourn the Baltimore bridge collapse missing workers
- Catch up on our Maryland bridge collapse coverage
- Transform Your Clothes Into a Festival-Ready Outfit With These Chic & Trendy Accessories
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Texas Rep. Troy Nehls target of investigation by House ethics committee
- Media attorney warns advancing bill would create ‘giant loophole’ in Kentucky’s open records law
- 34 Container Store Items That Will Organize Your Kitchen
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Man in custody after fatal shooting of NYPD officer during traffic stop: Reports
Apple announces Worldwide Developers Conference dates, in-person event
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Middle of the Road
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Hawaii says 30 Lahaina fire survivors are moving into housing daily but 3,000 are still in hotels
Love Is Blind’s Matthew Duliba Debuts New Romance, Shares Why He Didn’t Attend Season 6 Reunion
Aubrey O’ Day Weighs In on Sean “Diddy” Combs’ Homes Being Raided by Homeland Security