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    Home » Blog » Gas prices: Another decrease at the pumps for the first weekend in December

    Gas prices: Another decrease at the pumps for the first weekend in December

    December 6, 2024Updated:December 6, 2024 Business & Economy 0 Comments
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    Gasoline prices are continuing to decline across the nation. On Friday, the national average cost for regular gas fell to$ 3.026 per gallon, down from$ 3.063 a week ago.

    Since the summers, the price of gasoline has steadily decreased. Tuesday’s rate 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.

    During the majority of Joe Biden’s presidency, higher fuel prices have been a staple. After hitting record highs in 2022, the highest in the world’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, despite the significant drop in fuel costs over the past half of the season, prices are still higher than they were when President-elect Donald Trump was in business between January 2017 and January 2021. It remains to be seen how much of an impact Trump’s administration will have on petrol prices now that he is scheduled to take office on January 20, 2025.

    However, fuel prices continue to shift across the country. Hawaii has the most expensive gas prices in the country, at$ 4.559 per gallon. However, Oklahoma has the least expensive fuel in the country, at$ 2.528 per quart. Click here to view the oil prices across the state. Read on to find out what the typical cost is for a gallon of regular gasoline in and around Washington, D. C.

    Delaware

    On Friday, Delaware’s average price for a gallon of gas dropped to a new lower of$ 2.885. A gallon of regular gasoline cost$ 2.977, which is a surprisingly small cut from the previous year. In the First State, fuel rates have fluctuated a little over the past month. Yet despite this uneven sales, Friday’s cost for regular gasoline in Delaware is less expensive than a fortnight ago, when regular gas price$ 2.965 per gallon.

    Maryland

    Oil prices also fell in Maryland on Friday, dropping to$ 3.001 per gallon. A quart of regular gasoline in Maryland cost$ 3.067 less than a week earlier, which is a increases. Related to Delaware, Maryland even had a substantial price fluctuation in November. Earlier in November, gas prices had soared in Maryland with a cost of$ 3.157. Lately, however, gas prices have trended upwards in the state. Friday’s cost was less expensive than a fortnight ago, when standard gasoline was$ 3.057 per quart.

    CLICK HERE TO ACCESS MORE FROM THE WASHINGTON EXAMINER

    Virginia

    Petrol prices in Virginia also dropped on Friday, coming in at$ 2.915, which is more than three percent less than a week before. A litre of regular gasoline in Virginia cost$ 3.03 a fortnight before. Gas prices in Virginia fluctuated significantly in November, much like in the other states in the Delmarva region, before eventually returning to a lower level, around the$ 3 per gallon mark.

    Washington, D. C.

    Washington, D. C., continues to be the outlier in the region where gas prices are north of $3.20 per gallon – much more expensive than prices in Delaware, Maryland, and Virginia. On Friday, the average price for a gallon of regular gas dipped in the city, to a price of $3.224. This was the smallest of decreases from Thursday, when regular gas was ever-so-slightly more expensive at $3.226. A week ago, gas less than a penny more than it was on Friday, with a price of $3.232 per gallon. Prices in the nation’s capital are also less expensive today than a month ago, when a gallon of regular gas was $3.268.

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