Oil prices continued to decline on Friday as the regular price for a gallon of regular gasoline dropped to$ 3.296, based on AAA. This is the lowest regular gas gallon price since last winter, when gas was priced at$ 3.212 per gallon.
Friday’s amount is over five cents per gallon, less expensive than last year’s oil price, which was$ 3.35 per quart. It’s even over 16 percent cheaper than last month, when regular oil was$ 3.462 per gallon. The increases in fuel costs has been felt throughout the region, as there are now ten says where the average cost for regular gasoline is below$ 3 per litre: Texas, Oklahoma, Missouri, Arkansas, Louisiana, Mississippi, Tennessee, Kentucky, Alabama, and South Carolina. Kansas is on the verge of becoming the state’s 11th state quickly, with an average cost of$ 3.00 per gallon for regular gas.
In the run-up to the 2024 presidential election, oil prices will still be a significant issue. Vice President Kamala Harris, the Democratic presidential nominee, needs to show how she will handle the nation’s high gasoline prices and electricity costs and how both will affect the economy and people’s finances with President Joe Biden‘s decision to not get reelection.
Prices have fluctuated in 2024, but they have decreased over the past few weeks and months. However, gas prices remain higher than when former President Donald Trump was in business.
Oil prices vary significantly between state. To see how costly gas is in each state, visit here. Here are the fuel costs for a quart of regular-grade oil in and around the world’s capital.
Delaware
On Friday, oil prices in Delaware remained unchanged, ending at$ 3.146, the lowest level in the Delmarva place. This was a little drop from Thursday’s value of$ 3.165 per quart. Gas prices also decreased compared to a week ago, when the price was$ 3.168 per gallon. Gas prices in the First State on Thursday are lower than they were on a month ago, when they were$ 3.288 per gallon, keeping with the national trend.
Maryland
In Maryland, oil prices fell to$ 3.223 on Friday. This was a small decrease from a year earlier, when the regular cost of a gallon of regular gasoline was$ 3.269. Maryland‘s gas prices have been a new pattern, starting almost a month ago, when the average price for a gallon of regular gasoline was$ 3.396, just like other states in the area.
Virginia
On Friday, the average cost for regular gasoline in Virginia is$ 3. 162 per gallon. And in Virginia, like rest of the country, gasoline is more affordable now than a week ago, when regular gas price$ 3.219 per gallon. Petrol prices in the condition are also less expensive than they were a fortnight back, when a gallon of regular gasoline cost$ 3.317.
Washington, D. C.
Gas prices in Washington, D. C. also declined where the average cost for a gallon of regular gas on Friday is $3.54. This price is the highest in the region and much higher than the national average. Nevertheless, gas prices have been decreasing recently. A week ago in Washington, a gallon of regular gas was $3.588, and a month ago, it was $3.698.
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Mississippi
Mississippi had the least expensive regular gasoline prices in the country on Friday, at$ 2.824 per gallon. Like many states throughout the country, this amount was a increases from last week, when a gallon of regular was$ 2.878 in Mississippi. A month ago, fuel costs were significantly higher but also the cheapest in the country, at$ 2.953 per gallon.
California
Hawaii is the position with the most expensive gas in the country, as of Friday in California. A gallon of regular gasoline typically costs$ 4. 666. This rate somewhat edged out Hawaii, which has a value of$ 4.653 per gallon to finish the work week. Unlike much of the land, oil prices in California have been increasing. For example, tuesday, a gallon of regular gasoline in the Golden State cost$ 4.657. A week ago, regular gas cost$ 4.634 per gallon and a month ago, it was$ 4.621.
