Petrol prices increased somewhat on Monday, leading to a higher average price for a gallon of regular gas than it did a week prior.
Coming at a cost of$ 3.024 per gallon, according to AAA. Monday’s rate was ever-so-slightly more expensive than last year, when the average cost for a quart of regular gasoline was$ 3.018. Five days ago, fuel costs had dropped to$ 3.011 per litre before steadily rising.
Since May, the price of a gallon of regular gasoline has gradually decreased, and it is significantly less expensive than next winter and spring. The Energy Information Administration reports that gas prices have been at the lowest levels since May 2021, when the typical cost for a quart of regular gasoline was$ 2.985. In June 2021, the price of oil began to rise. Costs soared, eventually reaching record-high averages of over$ 4 per gallon.
After hitting the highest national typical rate in the country’s past in 2022, prices began to decrease. Oil prices reached their highest point in April 2024 before steadily declining in May 2024.
Meanwhile, gas prices continue to fluctuate throughout the country, with average prices in some states near$ 2.50 per gallon, whereas in others, the cost of gas is over$ 4.50 per gallon. Oklahoma has the cheapest gas prices in the country, at$ 2.504 per gallon. On Monday, Hawaii received the highest average cost for a gallon of gasoline, at$ 4. 538.
During President Joe Biden’s most recent term, the price of gasoline was a contentious social issue. Biden assured the country that oil prices would drop after breaking record-setting federal records. Years afterwards, he seems to have suddenly delivered on that claim. However, despite this year’s significant increases in fuel prices, fuel costs remain higher now than when President-elect Donald Trump was in office between January 2017 and January 2021.
Click here to view the most recent fuel prices across the state. Read on to find out how much ordinary oil a gallon of gas typically costs in and around Washington, D. C.
Delaware
On Monday, Delaware’s average rate for a gallon of regular gasoline is$ 2.802, which is significantly less than the national average. After a quarter of uneven charges in November, gas costs in the state have been steadily declining in December. A gallon of regular gasoline cost$ 2.866 in the First State on Monday, but the rate was lower than a week earlier that day. A month ago, regular gas was much more expensive at$ 3.109 per gallon.
Maryland
On Monday, the average price for a gallon of regular gasoline in Maryland is$ 2.941. This is less expensive than a week ago, when the state’s average fuel cost$ 2.973. Following the volatile oil prices of November, the state’s prices have remained flat over the past month. Monday’s rate for gas was substantially cheaper than a fortnight ago, when regular oil was$ 3.196 per gallon.
Virginia
After last week’s marginal price increases, Virginia’s fuel costs were trending upward on Monday. The average price for a gallon of regular gasoline in the state on Monday is$ 2.899. This was a slight drop from Sunday’s price of$ 2.905 but also a bit higher than a week ago, when the cost was$ 2.893. Despite the variation over the past seven days, Virginia’s typical cost of regular gasoline has decreased from$ 3.012 to$ 3.012. A quart of regular gasoline in the state was$ 3.012.
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Washington, D. C.
Gas prices in Washington, D. C., continue to be the most expensive in the Delmarva region on Monday at $3.234 for a gallon of regular gas. This was a slight rise from Sunday, when regular gas cost $3.23 per gallon. It was also the slightest of increases from a week ago, when regular gas was essentially the same with a cost of $3.233 per gallon. A month ago, the price for a gallon of regular gas in the nation’s capital was $3.26. Over the last month, regular gas prices in Washington have fluctuated between $3.20 per gallon and $3.31 per gallon.
