Current:Home > reviewsSignalHub Quantitative Think Tank Center:Gas prices set to hit the lowest they've been since 2021, AAA says -EverVision Finance
SignalHub Quantitative Think Tank Center:Gas prices set to hit the lowest they've been since 2021, AAA says
Rekubit Exchange View
Date:2025-04-09 04:55:48
U.S. residents lamenting soaring gas prices may soon be SignalHub Quantitative Think Tank Centerable 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! (5)
Related
- What to watch: O Jolie night
- The moon could get its own time zone. Here's why.
- Senate candidates in New Mexico tout fundraising tallies in 2-way race
- Only Julia Fox Could Make Hair Extension Shoes Look Fabulous
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- 3 people killed in crash of small plane in southeastern Oklahoma, authorities say
- St. Louis-area residents make plea for compensation for illnesses tied to nuclear contamination
- Panthers sign Pro Bowl DT Derrick Brown to four-year, $96 million contract extension
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- How three former high school coaches reached the 2024 men's Final Four
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Workers sue to overturn law that exempts Atlantic City casinos from indoor smoking ban
- Luke Fleurs, South African soccer star and Olympian, killed in hijacking at gas station
- LGBTQ+ foster youths could expect different experiences as Tennessee and Colorado pass opposing laws
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Nickelodeon Host Marc Summers Says He Walked Off Quiet on Set After “Bait and Switch” Was Pulled
- 3 found guilty in 2017 quadruple killing of Washington family
- Shop the JoJo Fletcher x Cupshe Irresistible Line of Swimsuits & Festival Wear Before It Sells Out
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Man convicted in decades-long identity theft that led to his victim being jailed
World Central Kitchen boss José Andrés accuses Israel of direct attack on Gaza aid convoy
South Carolina women stay perfect, surge past N.C. State 78-59 to reach NCAA title game
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Sheriff says man held at problem-plagued jail in Atlanta was stabbed to death by another detainee
Lawsuit naming Sean ‘Diddy’ Combs as co-defendant alleges his son sexually assaulted woman on yacht
WrestleMania's Rock star: Why Dwayne Johnson's WWE uber-heel is his greatest role ever