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Gas prices: Decrease at the pumps as gas costs match lowest price in 2024

Gas prices: Decrease at the pumps as gas costs match lowest price in 2024 Gas prices: Decrease at the pumps as gas costs match lowest price in 2024

The national average price for a gallon of regular gas decreased to $3.071 on Monday, according to AAA. This is the lowest national average price in 2024 and the least expensive average price for a gallon of regular gas since June 2021, according to the U.S. Energy Information Administration.

High gas prices, over $3 per gallon, have plagued the Biden administration since June 2021. After hitting record highs in 2022, gas prices began to decrease later in the year. Nevertheless, President Joe Biden was burdened with high gas prices during most of his term, and gas prices hovered in ranges that were the highest in the nation’s history.

Earlier this year, gas prices began to decrease sharply. Yet despite this string of decreases at the pumps, gas prices remain higher today than during the last months and days of President-elect Donald Trump’s first term. Nevertheless, gas prices continue to fluctuate across the nation, and it remains to be seen what gas prices will be under a second Trump administration.

Currently, Hawaii has the most expensive gas prices in the country, costing $4.572 per gallon. Meanwhile, Oklahoma has the least expensive gas in the nation, costing $2.568 per gallon. Click here to see the cost of gas in different states. Read below to see the average prices for a gallon of regular gas in and around Washington, D.C.

Virginia

Gas prices in Virginia continued the current trend, hovering around the $3 per gallon range. On Monday, the state’s average price for a gallon of regular gas decreased slightly to $3.005, a drop from Sunday’s price of $3.008. On Friday, the average price for a gallon of regular gas in Virginia was 3.015. A week ago, a gallon of regular gas in the state was $2.984. However, prices are less expensive on Monday than a month ago when Virginians paid $3.103 per gallon for regular gas.

Maryland

Gas prices in Maryland jumped again on Monday, with the average price for a gallon of regular gas now at $3.204. This was an increase since Friday when the average price for a gallon of regular gas was $3.167. A week ago, a gallon of regular gas in the state cost $3.043, an increase of over 16 cents in seven days. Up until recently, prices in Maryland have trended downward for the last month, even briefly falling to under $3 per gallon. Despite the recent increase, prices remain cheaper than a month ago in Maryland when residents paid $3.173 for a gallon of regular gas.

Delaware

Gas prices in Delaware also increased since Friday to over $3 a gallon, with a new price on Monday of $3.119 per gallon. This was over five cents higher than Friday’s price of $3.068 per gallon. Until recently, gas prices in the First State had remained in the same range, fluctuating between $3.00 and 2.95 per gallon. A week ago, a gallon of regular gas in the state cost $2.956. As a result of the surge in gas prices in Delaware, it is now more expensive for a gallon of regular gas on Monday than it was a month ago, when it cost $3.092.

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Washington, D.C.

Gas prices in Washington, D.C. on Monday remained the same as it was on Friday, coming in at $3.259. Gas prices in the nation’s capital have fluctuated between $3.25 and $3.30 over the last month. For example, a week ago, the average price for a gallon of gas in Washington was $3.262 per gallon. Comparatively, a month ago, the average price of a gallon of gas in the nation’s capital was higher, at $3.292 per gallon. However, all the prices were within the aforementioned range as the intense price fluctuations experienced by residents in Maryland and Delaware do not appear to be carrying over to gas prices in Washington, D.C.

This article was originally published at www.washingtonexaminer.com

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