Current:Home > MarketsPredictIQ-Gas prices set to hit the lowest they've been since 2021, AAA says -AssetScope
PredictIQ-Gas prices set to hit the lowest they've been since 2021, AAA says
Johnathan Walker View
Date:2025-04-11 10:08:31
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! (14)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- US closes 7-year probe into Ford Fusion power steering failures without seeking further recalls
- New Mexico officer killed in stabbing before suspect is shot and killed by witness, police say
- If a Sports Bra and a Tank Top Had a Baby It Would Be This Ultra-Stretchy Cami- Get 3 for $29
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 'I blacked out': Even Mecole Hardman couldn't believe he won Super Bowl for Chiefs
- Usher reflecting on history of segregation in Las Vegas was best Super Bowl pregame story
- Female suspect fatally shot after shooting at Joel Osteen's Lakewood Church
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 1 in 4 Americans today breathes unhealthy air because of climate change. And it's getting worse.
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Where is the next Super Bowl? New Orleans set to host Super Bowl 59 in 2025
- Real rock stars at the World of Concrete
- Top general leading U.S.-backed Kurdish forces in Syria warns of ISIS resurgence
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Difficult driving, closed schools, canceled flights: What to expect from Northeast snowstorm
- Lowest and highest scoring Super Bowl games of NFL history, and how the 2024 score compares
- Mega Millions winning numbers for February 9 as jackpot climbs to $394 million
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Female suspect fatally shot after shooting at Joel Osteen's Lakewood Church
This surprise reunion between military buddies was two years in the making
Arizona teen jumps into a frigid lake to try to rescue a man who drove into the water
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Smoking in cars with kids is banned in 11 states, and West Virginia could be next
No one wants to experience shin splints. Here's how to avoid them.
How Patrick Mahomes led Chiefs on a thrilling 13-play, 75-yard Super Bowl 58 winning drive