Gas Prices Edge Higher Following Recent Declines

Gas prices have seen a slight increase, marking the first rise after several days of steady declines. According to AAA, the current national average price for regular gas is now $3.598 per gallon, slightly higher than the previous day’s $3.59 per gallon. The average price a week ago was $3.612 per gallon, while a month ago it was $3.673 per gallon.

Despite recent decreases, the current price of regular gas remains higher than it was at the same time last year. The average cost of regular gasoline one year ago was $3.539 per gallon. California continues to have the highest gas prices in the country, with an average of $5.188 per gallon for regular-grade gas, while Mississippi boasts the lowest average price at $3.057 per gallon.

In the mid-Atlantic region, the average price for regular-grade gas varies:

– Washington, D.C.: $3.719 per gallon
– Maryland: $3.555 per gallon
– Virginia: $3.436 per gallon
– Pennsylvania: $3.758 per gallon
– Delaware: $3.449 per gallon

These slight increases in gas prices may concern some consumers, especially as they come after a period of declining prices. It is important for policymakers to consider the impact of gas prices on American families and businesses, as high gas prices can strain budgets and hinder economic growth. It remains to be seen how these changes will affect the economy and the lives of everyday American

Written by Staff Reports

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