Gas prices: More decreases at pumps as nine states now have prices under $3 per gallon – Washington Examiner
Here’s a summary of the current trends in gas prices in the United States, based on the latest information:
As of September 4, 2024, the national average price for a gallon of regular gas is $3.317, a decrease from $3.361 just a week prior. This decline follows a trend seen after the Labor Day weekend. Notably, nine states have now reported average gas prices below $3 per gallon, marking the highest number of states at this lower price point in 2024. These states include Texas, Oklahoma, Missouri, Arkansas, Louisiana, Mississippi, Tennessee, Alabama, and South Carolina.
The ongoing reduction in gas prices is a significant topic ahead of the upcoming presidential election, especially as Vice President Kamala Harris, the Democratic nominee, will need to address gas prices and their impact on the economy and consumers. Despite recent drops, current gas prices remain above the levels seen during President Donald Trump’s administration.
Specific regional prices indicate that Washington, D.C. reports an average of $3.574, Delaware has the lowest regional average at $3.165, and Maryland’s price is $3.246. These trends indicate a potential continued fluctuation in gas prices, which vary widely across different states.
Gas prices: More decreases at pumps as nine states now have prices under $3 per gallon
Gas prices fell yet again on Wednesday, continuing the recent trend of decreases at the pumps after the Labor Day weekend.
The national average price for a gallon of regular gas on Wednesday is $3.317, according to AAA. This is a drop from a week ago, when the average price for regular gas was $3.361 per gallon. Of particular note, nine states now have an average price for regular gas below $3 per gallon, the highest total number of states having such a cost in 2024. Texas, Oklahoma, Missouri, Arkansas, Louisiana, Mississippi, Tennessee, Alabama, and South Carolina have gas prices that plummeted to under that threshold.
Gas prices remain an important issue heading into the 2024 presidential election. With President Joe Biden deciding not to seek reelection, Vice President Kamala Harris, now the Democratic presidential nominee, will have to indicate how she will address the country’s high gas prices and energy costs and how both affect the economy and people’s finances.
While prices have fluctuated in 2024, they have decreased in recent weeks and months. Nevertheless, gas prices remain higher than when former President Donald Trump was in office.
Gas prices vary significantly among states. To see how expensive gas is in each state, click here. Here are the gas prices for a gallon of regular-grade gas in and around Washington, D.C.
Washington, D.C.
Gas prices in the nation’s capital continue to fall after Labor Day while remaining substantially higher than the national average. On Wednesday, the average price for a gallon of regular gas in Washington, D.C., is $3.574. This was a drop from a week ago, when a gallon of regular gas averaged $3.614. It’s also cheaper than a month ago, when it cost $3.693 for a gallon of regular in the nation’s capital.
Delaware
The average price for a gallon of regular gas in Delaware on Wednesday is $3.165, the lowest in the region. Like many other states in the country, Wednesday’s price is also a decrease from a week ago, when gas cost $3.186 per gallon. Gas prices in the First State today are also lower than a month ago, when it cost $3.302 per gallon.
Maryland
In Maryland, gas prices fell to $3.246 on Wednesday. This was a slight decrease from a week ago, when the average price for a gallon of regular gas was $3.285. Like other states in the area, falling gas prices have been a recent trend in Maryland, starting nearly a month ago, when the average cost for a gallon of regular gas was $3.410.
Virginia
The average price for regular gas in Virginia on Wednesday is $3.185 per gallon, coming close to Delaware’s low cost. Virginia’s gas prices have followed the nation’s trend of falling prices as Wednesday’s price is more affordable than a week ago, when regular gas cost $3.231 per gallon. It’s also less expensive than a month ago, when regular gas in Virginia cost $3.328.
Hawaii
Unlike the rest of the country, Hawaii’s gas prices have not decreased as quickly as those of other states and have been holding steady for the last month. On Wednesday, the average cost for regular gas was $4.659 per gallon, an increase from yesterday’s price of $4.655 per gallon. Last week, the average price for a gallon of regular gas cost people in the Aloha State $4.664 per gallon. A month ago, gas was $4.672.
Mississippi
Mississippi is the state with the least expensive gas prices in the country on Wednesday, with a cost of $2.848 per gallon. This was a decrease from last week, when a gallon of regular was $2.892. A month ago, gas prices were slightly higher, but the state still had the cheapest gas in the nation, coming in at $2.959.
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