The average price for a liter of regular gas remained stable after five days of increases last week.
According to AAAthe national average cost for a gallon of regular gas on Monday is $3,042. This price is up from the price of $3,024 per gallon a week ago. Before last week’s increases, costs had fallen to $3,011 earlier this month.
Despite the recent increases, gas prices in the country had been declining for weeks. Currently, national gas costs are the lowest since May 2021, when the average price was $2.985 per gallon, according to the Energy Information Administration. In June 2021, prices rose, eventually reaching record high averages of over $4 per gallon. Gas prices began to fall after setting the highest national average price in the country’s history in 2022. Gas prices rose again in 2023, reaching a peak in April 2024 before falling steadily through May.
Gas prices have been a contentious political issue for much of President Joe Biden’s time in office. After hitting national record prices, Biden assured the nation that gas prices would fall. Years later, toward the end of his term, that promise finally became a reality. Nevertheless, despite the significant drop in gas prices this year, gas costs remain higher now than when the president was elected Donald Trump was in office between January 2017 and January 2021.
The price of regular gas continues to fluctuate throughout the country. Prices range from less than $2.55 to more than $4.50 per gallon. Hawaii has the highest average price for a gallon of gas, at $4.53. Oklahoma has the cheapest gas prices in the country, at $2,549 per gallon.
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Heading into Christmas, gas prices for states in the Delmarva region remain lower than the national average – all except the average cost for a gallon of gas in Washington, D.C.
In Delawarethe cost for a gallon of gas is the cheapest in the area and the least expensive of any east coast state, at $2,751. In Marylandthe average price for a gallon of regular gas is $2,902, slightly more expensive than the First State, but still less than the national average. In Virginiaregular gas costs $2,887 per gallon. And inside Washington, DCdrivers in the nation’s capital have the most expensive price for gasoline, at a cost of $3,235 per gallon.
Click here to see current gas prices in other states across the country.