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National Average

All articles tagged with #national average

economy1 year ago

Gas Prices Plummet to 3-Year Low, Falling Below $3 a Gallon

Gas prices in the U.S. have dropped to their lowest in over three years, with the national average for a gallon of regular gasoline at $3.01, according to the American Automobile Association (AAA). While 32 states have averages below $3, California remains one of the most expensive markets, with an average of $4.36 per gallon. The trend suggests the national average could soon fall below $3, a level not seen since early 2021.

business2 years ago

Gas Prices Soar Across the US

Gas prices have surged in New Jersey and across the US after OPEC announced its plan to cut production by over a million barrels a day. The average price of a gallon of regular gas in New Jersey is now $3.36, up 11 cents from last week, while the national average is $3.58, up eight cents from last week. Although prices have stabilized for now, analysts warn that since the cost of oil accounts for more than half of what consumers pay for gasoline, drivers may not catch a break at the pump any time soon.