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    Home » Blog » Gas prices: Slight decrease at the pumps for Thanksgiving

    Gas prices: Slight decrease at the pumps for Thanksgiving

    November 29, 2024Updated:November 29, 2024 Business & Economy No Comments
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    Gas Prices ww webp
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    The national average price for a gallon of regular gas decreased slightly on Thanksgiving, dropping to$ 3.065 from Wednesday’s price of$ 3.073, according to AAA.

    Thursday’s charge was basically the same as a week ago, when a gallon of regular gasoline was$ 3.063. However, rates were less expensive than a fortnight ago, when normal gas was$ 3.13 per gallon.

    Since the summertime, gasoline prices have steadily decreased. Monday’s value is the lowest national average rate for gas since May 2021, when the regular price for regular oil was$ 2.985 per gallon, according to the Energy Information Administration. Since then, high gas prices have been a financial burden to drivers at over$ 3 per gallon and, for a brief period, over$ 4 per gallon.

    President Joe Biden has experienced higher fuel costs for the majority of his time in business. After hitting report peaks in 2022, the highest in the nation’s history, gasoline prices began to lower later in the year. Gas prices started falling repeatedly in May 2024 after another spike in 2023, and they have since continued to do so every month.

    However, gas prices have decreased significantly since President-elect Donald Trump took department between January 2017 and January 2021 despite decades of lower oil prices. It remains to be seen what will happen to fuel prices during Trump’s subsequent expression, with his scheduled for election on January 20, 2025.

    However, gas prices continue to shift across the country. Hawaii has the most expensive gas prices in the country, at$ 4.572 per gallon. However, Oklahoma has the least expensive fuel in the country, at$ 2.516 per quart. Click here to view the oil prices across the state. Read on to find out what standard gasoline prices are on average in and around Washington, D. C.

    Delaware

    Petrol prices in Delaware dropped on Thanksgiving, falling to$ 2.984 per gallon. A quart of regular gasoline cost$ 3.081 compared to a week ago, which is a practically ten-cent increases. Over the past month, gas prices in Delaware have fluctuated significantly, with costs rising considerably earlier this month before reversing. On Thanksgiving, Delaware’s average gas cost more than six percent less than it did a month ago, when regular gasoline cost$ 3.045 per gallon.

    Maryland

    Oil prices also dropped in Maryland on Thanksgiving, falling to$ 3.074 per gallon. This was a increases from Wednesday’s value of$ 3.081. A gallon of regular gasoline in Maryland cost$ 3.157 on Thursday, but the price was significantly lower than it did a month prior. Comparable to Delaware, Maryland even had a substantial price fluctuation in November. However, gasoline prices are trending upwards in the state, as Thursday’s cost was less costly than a fortnight ago, when standard gasoline was$ 3.133 per gallon.

    WASHINGTON EXAMINER CLICK HERE TO ACCESS MORE INFORMATION

    Virginia

    The average price for a gallon of regular gas in Virginia decreased to$ 2.95 on Thanksgiving, a very slight drop from Wednesday’s cost of$ 2.954 per gallon. A gallon of gas in Virginia cost$ 2.982 less than a week earlier, which is slightly less expensive. Since Thursday’s price of petrol was less expensive than a fortnight back, when individuals in Virginia paid$ 3.058 per gallon, gas prices have recently been trending downward in the condition.

    Washington, D. C.

    Gas prices also dropped in Washington, D. C. on Thanksgiving with the average price for a gallon of regular gas decreasing ever-so-slightly to $3.244 from Wednesday’s cost of $3.25. A gallon of regular gas in the nation’s capital on Thursday was about the same as it was a week ago, when gas was less expensive but only by four hundreths of a cent at $3.24. A month ago, people in Washington, D. C. paid $3.313 per gallon for regular gas.

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