The national average price for a gallon of regular gas continued to increase on Tuesday, rising to $3.068. This is more expensive than a month ago, when a gallon cost $3.02 and approximately one cent cheaper than a year ago, when regular gas was $3.079 per gallon.
Gas prices have been trending upward since after Christmas, when the national average cost for a gallon of regular gas fell to $3.01 in December. Yet, despite the increases, gas prices have fallen considerably, particularly compared to the spring and early summer of 2024. Overall, the national average cost for a gallon of regular gas is the lowest since May 2021, when the average price was $2.985 per gallon, according to the Energy Information Administration.
Since President Joe Biden began his term, the price of gas has been an important issue for people in the country who were forced to spend considerably more than when President Donald Trump was in office. Less than six months after Biden’s inauguration, gas prices soared to over $4 per gallon in June 2021. After rising to the highest national average price in the country’s history in 2022, gas prices started to decrease.
Prices would continue to fluctuate over the next two years. Then, after setting a high for the year in April 2024, the cost of a gallon of gas began to gradually decline starting in May. As of today, Jan. 7, the national average price for a gallon of regular gas is more expensive than any time during Trump’s term between Jan. 2017 and Jan. 2020.
While the current national average price for regular gas is $3.068, costs vary across the country, depending on the state. Prices range from $2.56 to $4.54 per gallon. Hawaii is the state with the most expensive gas prices in the nation at $4.54 per gallon. Meanwhile, at $2.56 per gallon, Oklahoma has the cheapest gas.
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Similar to the rest of the country, the cost of gas for areas in and around Washington, D.C., differ. The one constant among them is that most areas exceed the national average gas cost.
Once the state with the cheapest gas prices in the region, the cost for a gallon of regular gas in Delaware is $3.092 on Tuesday. Similarly, Maryland is also higher than the national average with a current cost of $3.137 per gallon, the most expensive among the states around the nation’s capital. Virginia has the cheapest gas, with a state average price of $2.945, while Washington, D.C., is the most expensive, costing $3.229 per gallon on Tuesday.
This article was originally published at www.washingtonexaminer.com
