Gas prices: Increase at the pumps after setting record low for 2024 – Washington Examiner
Gas prices: Increase at the pumps after setting record low for 2024
The national average price for a gallon of regular gas increased on Tuesday, rising to $3.067 compared to Monday’s price of $3.053. Today’s price is more expensive than gas prices in the nation from a week ago, when the national average cost for regular gas was $3.063 per gallon. Despite the increase, gas prices are much less expensive than earlier this year.
Gas prices have been gradually decreasing since the summer. Monday’s price is the lowest national average price for gas since May 2021, when the average cost for regular gas 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.
For most of the time he has been in office, high gas prices have been a problem for President Joe Biden. After hitting record highs in 2022, the highest in the nation’s history, gas prices began to decrease later in the year. After another spike in 2023, gas prices began declining again in May 2024 and have continued to fall each month.
Yet despite months of decreases at the pumps, gas prices remain higher today than when President-elect Donald Trump was in office between January 2017 and January 2021. With Trump set to take office on Jan. 20, 2025, it remains to be seen what will happen with gas prices during Trump’s second term.
Meanwhile, gas prices continue to fluctuate across the nation. Hawaii has the most expensive gas prices in the country, at $4.574 per gallon. Meanwhile, Oklahoma has the least expensive gas in the nation, at $2.514 per gallon. Click here to see the cost of gas in different states. Read below to see the average prices for a gallon of regular gas in and around Washington, D.C.
Delaware
Gas prices decreased in Delaware on Tuesday, falling to $3.008 per gallon. This was over a three-cent decrease in 24 hours for people in the First State. Prices in Delaware have dropped considerably from a week ago, when a gallon of regular gas was $3.12. The price of gas in Delaware has fluctuated a lot over the last month, with Tuesday’s price only being about four cents less expensive than a month ago when regular gas was $3.047 per gallon.
Maryland
In Maryland, the price for a gallon of regular gas also decreased with Tuesday’s price of $3.09 per gallon coming in nearly two cents less expensive than Monday’s price. Prices are cheaper than they were a week ago in Maryland when a gallon of regular gas was $3.203. Gas prices have also fluctuated in the state over the last month. After hovering near the $3 per gallon mark, gas prices increased substantially within the last two weeks before starting to fall again. Tuesday’s price is less expensive than a month ago, when regular gas in Maryland cost $3.138 per gallon.
Virginia
Gas prices in Virginia remained steady on Tuesday, decreasing ever-so-slightly to $2.952 per gallon from Monday’s cost of $2.954. Tuesday’s price was a decrease compared to a week ago, when a gallon of regular gas cost residents of Virginia $2.997 per gallon. For most of November, gas prices in Virginia were around the $3-per-gallon mark. Tuesday’s price is also lower than the cost of gas in the state from a month ago, when a gallon of regular gas was $3.061.
Washington, D.C.
Gas prices in Washington, D.C. remained steady on Tuesday with the average price for a gallon of regular gas essentially remaining the same, with the slightest of increases to $3.235 from $3.234. This was less expensive than a week ago, when a gallon of regular gas cost $3.257. Tuesday’s gas cost in the nation’s capital is lower than a month ago, when regular gas was $3.284 per gallon. Before this week, gas prices in Washington, D.C., fluctuated over the last month between $3.25 and $3.30.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
Now loading...