Gas prices: New lows at the pumps to start the work week – Washington Examiner
Gas prices have reached new lows as the week begins, dropping to an average of $3.208 per gallon for regular gas, according to AAA. The decline in prices follows a trend over several months, beginning from a peak of $3.611 in April, with an average of $3.389 in August. This current price marks the lowest since January, when it was $3.075.
As a result of the ongoing decreases, 17 states now report average prices below $3 per gallon, including Delaware, North Carolina, and Texas, among others. The issue of gas prices is significant as the 2024 presidential election approaches, with candidates needing to address the impact of energy costs on the economy.
In Virginia, the average cost for regular gas stands at $3.044, down from $3.127 the previous week and significantly lower than last year’s price of $3.596. The fluctuation of gas prices throughout the year continues to be a crucial topic for both consumers and political candidates.
Gas prices: New lows at the pumps to start the work week
Gas prices continued to fall on Monday, with the average cost for a gallon of regular gas dropping to $3.208, according to AAA.
Decreases at the pumps have been happening for months, dropping from the year’s highest price in April, when the national average was $3.611 per gallon, to the monthly average in August, which was $3.389 per gallon. Monday’s pricing is the lowest national average for a gallon of regular gas since January, when it was $3.075 per gallon.
The decrease in gas prices throughout the country has resulted in 17 states having an average price under $3 per gallon for regular gas: Delaware, North Carolina, South Carolina, Iowa, Georgia, Ohio, Kentucky, Tennessee, Alabama, Mississippi, Louisiana, Arkansas, Missouri, Kansas, Oklahoma, Texas, and Wisconsin.
Gas prices remain a vital topic heading into the 2024 presidential election. A recent commercial by former President Donald Trump focused on high gas prices throughout the country. With President Joe Biden deciding not to seek reelection, Vice President Kamala Harris, now the Democratic presidential nominee, has to indicate how she will address the country’s gas prices and energy costs and how both affect the economy and people’s finances.
Despite the recent trend of decreases, gas prices have fluctuated throughout the year and vary significantly among states. Overall, gas prices still remain higher than when Trump was in office.
Click here to see the cost of gas in different states throughout the country. Read below to see the prices for a gallon of regular-grade gas in Washington, D.C., and the Delmarva region.
Virginia
Gas prices in Virginia continued to fall, with the latest national average price for a gallon of regular gas coming in at $3.044 on Monday. This was a decrease from a week ago, when regular gas cost $3.127 per gallon. Monday’s price in Virginia is also lower than a month ago, when the cost of gas was $3.31 per gallon. Monday’s cost for regular gas in the state is significantly cheaper than a year ago, when a gallon of regular gas in Virginia was $3.596.
Delaware
Delaware has the cheapest gas prices in the Delmarva region, with Monday’s price coming in at $2.987 per gallon for regular gas. This makes Delaware the first state in the area with an average cost for a gallon of regular gas under $3. Prices are also lower than a week ago, when regular gas was $3.099, and a month ago when it cost $3.303.
Maryland
The average price for regular gas in Maryland dropped to $3.084 per gallon on Monday. This was a decrease from last week, when the average price was $3.183, and a month ago, when it cost $3.386 per gallon. Gas prices in the state are also substantially lower than last year, when the price of regular gas was $3.702 per gallon.
Washington, D.C.
Gas prices in Washington, D.C., are much higher than in any other part of the Delmarva region and the highest on the Atlantic coast of the country. At $3.426 per gallon, the average price for a gallon of regular gas on Monday in Washington is also more expensive than the national average. Also, unlike most states, actually an increase in prices from the weekend. Monday’s price in Washington is lower than a week ago, when regular gas cost $3.526, and a month ago, when it was $3.667.
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