economy

Gas Prices: Five Days of Decreases at the Pumps

The national average price for regular gas decreased again on Wednesday to $4.11 per gallon. It was the fifth day since Friday that gas prices nationwide have dropped, according to AAA.

Gas Prices: Five Days of Decreases at the Pumps

TL;DR

  • The national average price for regular gas dropped to $4.11 per gallon on Wednesday, marking the fifth day of decreases since Friday.
  • Current prices are lower than a week ago ($4.16) but higher than a month ago ($3.70) and a year ago ($3.17).
  • Winter weather and the Iran war have been cited as reasons for previous price increases.
  • Gas prices vary regionally, with the lowest in Midwestern states and the highest on the Pacific coast.
  • Oklahoma has the lowest average gas price at $3.44 per gallon, while California has the highest at $5.88 per gallon.
  • Gas prices in Washington D.C., Maryland, Delaware, and Virginia have also seen recent decreases, though they remain above historical lows from a month ago.