Gas prices: Decrease at pumps as gas costs match lowest price in 2024

Published November 18, 2024 6:54am ET



The national average price for a gallon of regular gas decreased Monday to $3.071, according to AAA. This is the lowest national average price in 2024 and the least expensive average price for a gallon of regular gas since June 2021 when regular gas cost $3.064 per gallon, according to the U.S. Energy Information Administration.

High gas prices, over $3 per gallon, have plagued the Biden administration since then. President Joe Biden was burdened with high gas prices during most of his term, and gas prices hovered in ranges that were the highest in the nation’s history.

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