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    Home » Blog » Gas prices: Average price for a gallon of regular gas is at its lowest since January

    Gas prices: Average price for a gallon of regular gas is at its lowest since January

    November 15, 2024Updated:November 15, 2024 Business & Economy No Comments
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    According to AAA, the average price for a gallon of regular gasoline has dropped to$ 3.084 on Friday to stop the year, which is its lowest level since January 2024.

    Both Friday’s gas prices were less expensive than one week earlier, when normal gas was typically$ 3.099. Both prices were unchanged from Thursday. Prices are even lower than they were a fortnight ago, when oil was$ 3.203 per gallon. Since the start of the summer, gasoline prices have been declining throughout the nation.

    President Joe Biden‘s significant political debate focused on the price of fuel for the majority of his name, which was a significant topic in the nation’s political discourse for the most part. Earlier this year, fuel costs began to fall. Gas prices are still higher than they were in the previous few months and primary terms of President-elect Donald Trump, despite this string of pump-related declines. However, fuel prices continue to fluctuate throughout the country and it is still to be seen how volatile they will be under a new Trump presidency.

    Currently, Hawaii is the state with the most expensive gas prices in the country, with a cost of$ 4.572 per gallon. Oklahoma has the least expensive fuel in the country, costing$ 2.592 per quart. Click here to view the oil prices across the state. Read on to find out what regular gasoline prices are on average in and around Washington, D. C.

    Maryland

    The average cost for a gallon of regular gasoline increased substantially to$ 3.167 from$ 3.11 on Thursday. A litre of regular gasoline in the position cost$ 3.047 a month prior. Up until the last couple of days, charges in Maryland have trended downward for the last quarter, with a few exceptions. Despite the recent increase, Maryland residents still pay less than$ 3.242 for a gallon of regular gas despite the recent price increase.

    Virginia

    For the past week, gas prices in Virginia have been hovering around$ 3 per gallon. On Friday, the state’s average price for a gallon of regular gas increased slightly to$ 3.015, a rise from Thursday’s price of$ 3.012. A week ago, a gallon of regular gasoline in the state was$ 2.996 per gallon. Prices are lower than they were a fortnight ago when standard gasoline costs$ 3.129 per gallon in Virginia.

    Delaware

    On Friday, Delaware‘s gas prices increased by over$ 3 per gallon to$ 3.068, which is also higher. This was over six percent higher than Thursday’s cost of$ 3.006 per quart. Until recently, oil prices in the First State had remained in the same range, fluctuating between$ 3.00 and 2.95 per gallon. A litre of regular gasoline in the position cost$ 2.952 a month prior. However, despite the recent increase, Delaware gas prices are significantly lower than they were a fortnight back, when a gallon of regular gasoline expense$ 3.188.

    WASHINGTON EXAMINER CLICK HERE TO ACCESS MORE INFORMATION

    Washington, D. C.

    Like every other area in the Delmarva region, gas prices increased in Washington, D. C. on Friday, with the average price for a gallon of regular gas rising to $3.259. This was the slightest rise from Thursday’s price of $3.256. Gas prices in the nation’s capital have fluctuated between $3.25 and $3.30 over the last month. For example, a week ago, the average price for a gallon of gas in Washington was $3.274 per gallon. And a month ago the average price for a gallon of gas in the nation’s capital was even more expensive with a price of $3.305 per gallon.

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