Gas Prices

Are We There Yet? Gas Price Decline Stalls

By: Andrew Gross

WASHINGTON, D.C. (December 12, 2024)—Going nowhere fast is an apt description of the national average for a gallon of gas, which shed less than a penny since last week to reach $3.02. It has been close to the $3 level for five weeks yet faces stubborn resistance. Meanwhile, today’s national average per kilowatt hour of electricity at a public EV charging station remained at 34 cents.

“I’d like to say that the national average will fall under $3 soon, but now I’m not so confident,” said Andrew Gross, AAA spokesperson. “It appears to be stuck despite low demand and cheaper oil. But 31 states already have an average below $3. ”

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/are-we-there-yet-gas-price-decline-stalls/