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    Home » Blog » Gas prices: Slight decrease at the pumps less than a week until Election Day

    Gas prices: Slight decrease at the pumps less than a week until Election Day

    October 31, 2024Updated:October 31, 2024 Business & Economy No Comments
    Gas Prices jjw webp
    Gas Prices jjw webp
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    After many days of small increases, oil prices fell on Thursday, as the national average for a gallon of regular gasoline dropped to$ 3.131, according to AAA. On Wednesday, a gallon of regular gasoline cost$ 3.135.

    Gas prices on Thursday were lower than they were on a week ago, when regular gas was priced at$ 3.15 per gallon, which is lower than the average nationwide. Vehicles paid$ 3.216 for a gallon of regular gasoline in comparison to the same period last month. Additionally, the current price is the least expensive gas that has been sold in the nation since January 2024, when gas was typically priced at$ 3.075.

    ”

    Before the presidential election on Tuesday, oil prices are a crucial matter. With President Joe Biden deciding not to seek election, Vice President Kamala Harris, the Democratic presidential candidate, has to show how she will handle the country’s oil prices and electricity costs and how both affect the economy and people’s finances. Gasoline prices are still higher than they were when Donald Trump took office.

    Click here to view the oil prices across the state. Read on to find out the typical costs for a gallon of regular gasoline in and around Washington, D. C.

    Maryland

    On Thursday, the typical cost for a quart of regular gasoline in Maryland dropped to$ 3.086. This was a nearly two-cent cut from Wednesday’s cost of$ 3.103. The state’s gasoline prices have been declining for the past few months. A week ago, a gallon of regular gas cost$ 3.139, and a month ago, it was$ 3.247.

    Delaware

    On Thursday, Delaware gas prices dropped below$ 3 per gallon, as the new price for a gallon of regular gas is$ 2.988. This was an through two-cent increases from Wednesday’s cost of$ 3.013. Petrol prices in the First State have been trending downward since a strong improve earlier this month. A week ago, the average price for a gallon of regular gas was$ 3.057, and a month ago, it was$ 3.193.

    Virginia

    Gas prices also fell in Virginia on Thursday, dropping to$ 3.033 for a gallon of regular gas, a nearly one-cent drop from Wednesday’s price of$ 3.042. Like different states in the Delmarva area, Virginia’s fuel costs have been trending upwards. A week ago, a gallon of regular gasoline cost$ 3.057. But, on Thursday, a gallon of regular gas is$ 3.006 more expensive than a fortnight ago.

    Washington, D. C.

    Gas prices also dropped in Washington, D. C., on Thursday. The average price for a gallon of regular gas fell to $3.267, a decrease of over two cents from Wednesday’s price of $3.29. Gas prices in the state have hovered in this price range for the last month. A week ago, a gallon of regular gas in the nation’s capital was $3.286. This is slightly cheaper than a month ago when the price of regular gas was up to $3.304 per gallon.

    WASHINGTON EXAMINER CLICK HERE TO READ MORE.

    Texas

    Texas has the cheapest gas prices nationwide, coming in at$ 2.68 per gallon on Thursday. A gallon of regular gasoline price$ 2.712, which is a lower from a week ago in the Lone Star State. A month earlier, a gallon of regular gasoline in Texas cost$ 2.734.

    Hawaii

    Hawaii has reclaimed the title of condition with the most expensive gas prices in the country, outpacing California, which has remained unproven for the past two decades. On Thursday, the average price for a gallon of regular gasoline in Hawaii is$ 4.594. This price is slightly higher than it was a week ago, when it was$ 4.591. A month ago, gas prices in the Aloha State were ever-so-slightly more expensive, with a price of$ 4.598.

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