Gas prices fell yet again on Wednesday, continuing the recent trend of decreases at the pumps after the Labor Day weekend.
The national average price for a gallon of regular gas on Wednesday is $3.317, according to AAA. This is a drop from a week ago, when the average price for regular gas was $3.361 per gallon. Of particular note, nine states now have an average price for regular gas below $3 per gallon, the highest total number of states having such a cost in 2024. Texas, Oklahoma, Missouri, Arkansas, Louisiana, Mississippi, Tennessee, Alabama, and South Carolina have gas prices that plummeted to under that threshold.
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, will have 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.
While prices have fluctuated in 2024, they have decreased in recent weeks and months. Nevertheless, gas prices remain higher than when former President Donald Trump was in office.