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    Home » Blog » Gas prices: Decrease at the pumps as the cost of gas is lowest since June 2021

    Gas prices: Decrease at the pumps as the cost of gas is lowest since June 2021

    November 19, 2024Updated:November 19, 2024 Business & Economy No Comments
    Gas Prices jjw webp
    Gas Prices jjw webp
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    According to AAA, the average cost for a quart of regular gasoline dropped to$ 3.063. This is the lowest regional average rate for standard fuel since June 2021, when the average price was$ 3.064 per gallon, according to the U. S. Energy Information Administration. Since then, high gas prices, at over$ 3 per gallon and, for a brief period of time, over$ 4 per gallon, have plagued drivers in the country.

    The Biden presidency has been hampered by higher gas prices for more than three years. Oil prices started to drop after posting record peaks in 2022, which was the highest level in the country’s history. Oil prices re-abated in May 2024 after a further increase in 2023. However, high fuel costs have hampered the Biden administration.

    However, gas prices have decreased significantly since Trump took office from January 2017 to January 2021 despite this series of drops. Gasoline prices are still fluctuating across the country, and it’s still unclear what will happen to them once Trump wins the presidency.

    Now, Hawaii has the most expensive gas costs in the country, costing$ 4.573 per gallon. However, Oklahoma has the least expensive fuel in the country, costing$ 2.565 per litre. Click here to view the oil prices across the states. Read on to find out what regular gasoline prices are on average in and around Washington, D. C.

    Delaware

    On Tuesday, gas prices in Delaware increased once more, going up from$ 3 per gallon to$ 3.12. This was nearly six percent higher since Friday’s cost of$ 3.068 per gallon. Until recently, gas prices in the First State remained in the same range, fluctuating between$ 3.00 and$ 2.95 per gallon. A gallon of regular gasoline in the condition cost$ 2.957 a week ago, an increase of over 16 percent in the previous seven times. It is now more expensive for a gallon of regular gas on Tuesday than it was a month before, when it cost$ 3.08. As a result of the increase in Delaware‘s fuel costs.

    Maryland

    On Tuesday, Maryland‘s fuel costs slightly decreased, with the regular price presently set at$ 3.203 for a gallon of regular gas. Nevertheless, Tuesday’s rate was still an boost since Friday, when the average cost for a gallon of regular gasoline was$ 3.167. A litre of regular gasoline in the position cost$ 3.046, an increase of almost 16 percent in seven days, a week prior. Prior to the recent spike, Maryland‘s prices had been sagging for the past month, even briefly falling below$ 3 per gallon. When regular gas costs$ 3.167 per gallon, gasoline prices in Maryland were higher on Tuesday than they were a month earlier.

    Virginia

    Virginia‘s gas prices remained in line with the current trend, hovering between$ 3 and$ 3 per gallon. On Tuesday, the state’s average rate for a gallon of regular gasoline dropped significantly to$ 2.997. The average cost in Virginia was$ 3.05 for a gallon of regular gas on Friday. A litre of regular gasoline in the state cost$ 2.984 a month prior. Overall, Virginian gas prices are lower than they were on a month ago, when regular gas was priced at$ 3.093 per gallon.

    WASHINGTON EXAMINER CLICK HERE TO ACCESS MORE INFORMATION

    Washington, D. C.

    Gas prices in Washington, D. C., on Tuesday decreased a bit, coming in at $3.257. Like Virginia, gas prices in the nation’s capital have remained relatively steady in recent weeks, fluctuating between $3.25 and $3.30 over the last month. This pattern continues as the price of regular gas a week ago was $3.252 and a month ago, it was $3.305.

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