Gas prices continued to fall on Friday as the national average for a gallon of regular gas decreased to $3.296, according to AAA . This is the lowest average price for a gallon of regular gas since this past winter when gas averaged $3.212 per gallon .
Friday’s price is over five cents per gallon, less expensive than last week’s gas price, which was $3.35 per gallon. It’s also over 16 cents cheaper than last month, when regular gas was $3.462 per gallon. The decrease in gas prices has been felt throughout the country, as there are now ten states where the average price for regular gas is below $3 per gallon: Texas, Oklahoma, Missouri, Arkansas, Louisiana, Mississippi, Tennessee, Kentucky, Alabama, and South Carolina. Kansas is on the verge of being the 11th state soon, coming in with an average price for regular gas of $3.004 per gallon.
Gas prices remain an important issue heading into the 2024 presidential election . With President Joe Biden deciding not to seek reelection, Vice President Kamala Harris , now the Democratic presidential nominee, has to indicate how she will address the country’s high gas prices and energy costs and how both affect the economy and people’s finances.