WASHINGTON, D.C. (December 5, 2024)— Like a glacier grinding its way to the sea, the national average for a gallon of gas is closing in on the $3 mark, shedding three cents since last week to $3.03. It has been less than a dime away from $3 for over a month as the waffling decline has been agonizingly slow. The last time the national average was below $3 was May 11, 2021. Meanwhile, today’s national average for a kilowatt of electricity at a public EV charging station remained 34 cents.
“The national average is tantalizingly close to falling below $3 a gallon, and it could happen in a few days,” said Andrew Gross, AAA spokesperson. “But 32 states already have an average below or well below $3. Hockley County, Texas appears to have the lowest county average, at $2.30.”
For the complete report, including the latest EIA data, gas and EV charging price trends, and oil market dynamics, please visit: https://gasprices.aaa.com/an-early-holiday-gift-gas-prices-plunge-to-three-year-low/