Gas Prices

Gas Prices Stay in the Slow Lane for Now

By: Andrew Gross & Devin Gladden

man pumping gas as price rises

WASHINGTON, D.C. (January 11, 2024)—The national average for a gallon of gas barely budged since last week, falling two cents to $3.07.  The primary reason appears to be rather humdrum numbers for the cost of oil and gasoline demand.

“I wouldn’t bet the farm on the national average reaching $3 a gallon, even if we are tantalizingly close,” said Andrew Gross, AAA spokesperson. “The mid-winter blahs will likely keep pump prices waffling a few cents up and down for the immediate future. But keep an eye on frigid temps because those can affect refinery production, pushing some regional pump prices higher.”

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