Sep 5, 2024, 6:01 AM
Sep 5, 2024, 6:01 AM

Gas prices drop again in Washington D.C. area

Highlights
  • Gas prices in Virginia have decreased to an average of $3.174 per gallon, down from $3.227 last week.
  • Washington, D.C. has the highest gas prices in the region at $3.556 per gallon, despite a recent drop.
  • Overall, while prices are falling, they remain higher than during the previous presidential administration.
Story

Gas prices in the Washington D.C. area have been on a downward trend, with significant decreases observed over the past month. As of Thursday, the average price for a gallon of regular gas in Virginia is $3.174, down from $3.227 a week ago and $3.32 a month ago. Maryland has also seen a similar decline, starting nearly a month ago when prices were at $3.399 per gallon. In Delaware, prices have dropped to $3.183 from $3.293 a month prior. In Washington, D.C., the average price for a gallon of regular gas is currently $3.556, which is the highest in the region and above the national average of $3.308. This price reflects a decrease from $3.574 on Wednesday and $3.603 a week ago, indicating a consistent decline over the past month, when prices were as high as $3.688. Despite these recent decreases, gas prices remain elevated compared to the period when former President Donald Trump was in office. The fluctuations in gas prices are influenced by various factors, including regional supply and demand dynamics, crude oil prices, and broader economic conditions. Overall, while the recent trend shows a decrease in gas prices across the D.C. area and surrounding states, the current prices still reflect a higher cost than in previous years, highlighting ongoing challenges for consumers in managing fuel expenses.

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