The national average price for a gallon of regular gas rose again on Thursday to $3.045, according to AAA. Prices have increased every day this week and are now over two cents more expensive since Monday, when the price was $3.024. Despite recent increases, gas prices have been trending downward in recent weeks. Today, a gallon of regular gas costs $3.063, cheaper than a month ago.
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Current prices are the lowest in the country since May 2021, when the average price was $2.985 per gallon, according to the Energy Information Administration. In June 2021, the cost of gas started increasing significantly, eventually reaching record-high averages of over $4 per gallon. After hitting the highest national average price in the country’s history in 2022, costs gradually fell. In 2023, gas prices rose again and peaked in April 2024 before steadily starting to fall in May.
Gas prices have been a controversial political topic for most of the time President Joe Biden has been in office. After reaching record national prices, Biden assured the nation that gas prices would fall. Years later, near the end of his term, that promise has finally come to fruition. Nevertheless, despite this year’s substantial decrease in gas prices, gas costs remain higher now than when President-elect Donald Trump was in office between January 2017 and January 2021.
Meanwhile, gas prices continue to fluctuate throughout the country, with average prices in some states near $2.50 per gallon and over $4.50 in others. Hawaii has the highest average price for a gallon of gas, at $4.549. Oklahoma has the cheapest gas prices in the country, at $2.583 per gallon.
Click here to see the current prices of gas in different states. Read below to see the average cost for a gallon of regular gas in and around Washington, D.C.
Delaware
The average price for a gallon of gas in Delaware decreased on Thursday, falling nearly two cents in 24 hours to $2.771. Prices have been on the decline the last two weeks, and Thursday’s price was over seven cents cheaper than last week’s, when a gallon of regular gas was $2.848. Both prices are significantly less expensive than a month ago, when regular gas was $3.12 per gallon.
Maryland
Like the First State, Maryland has also experienced a decrease in gas costs. On Thursday, the average price for a gallon of regular gas was $2.916. This was a modest drop from a week ago when regular gas cost $2.971. Gas prices are nearly thirty cents cheaper than a month ago when regular gas was $3.203 per gallon.
Virginia
Gas prices also fell slightly in Virginia on Thursday, dropping to $2.883 per gallon. This was a marginal decrease from last week’s price of $2.912. Gas costs have also fallen in Virginia over the last month, and today’s price is less expensive than a month ago, when regular gas was $2.997 per gallon.
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Washington, D.C.
Gas prices in Washington, D.C., continue to be much more expensive than the other states in the Delmarva region, costing $3.222. Prices have remained steady in the area, maintaining a rate between $3.20 and $3.30 per gallon in recent weeks. There’s been essentially no change in price from a week ago when regular gas in D.C. cost $3.224 per gallon. A month ago, regular gas was slightly more expensive, costing $3.257 per gallon.
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This article was originally published at www.washingtonexaminer.com
