Gas prices: Slight increase at the pumps to begin February
What's the administration thinking here?
The national average price for a gallon of regular gas slightly increased to $2.875 to begin February. Monday’s price at the pumps was a minimal increase from Sunday, the first of the new month, when regular gas was $2.87 per gallon.
Overall, gas prices have varied over the last 30 days. Monday’s price point was actually a slight decrease from a week ago, when a gallon of regular gas was $2.88, according to AAA. However, the $2.87 per gallon price on Monday was higher than a month ago, when fuel cost $2.83. The price fluctuation followed gas prices hitting $2.79 per gallon on Jan. 12, the lowest amount for a gallon of regular gas in almost 5 years.
Nevertheless, despite the recent increase, gas prices are substantially lower than a year ago, when a gallon of regular gas cost $3.098, according to AAA. Gas price analysts for AAA blamed the slight increase on the recent winter storms in the United States, which disrupted supply.
“The winter storm that wreaked havoc on most of the nation has led to supply disruptions and pushed up the national average for a gallon of regular gasoline to $2.87,” according to AAA. “Below-freezing temperatures and lingering snow have disrupted some crude production and refinery operations, while gasoline demand increased pre-storm as drivers filled up their tanks ahead of the severe winter weather.”
Gas prices consistently under $3 per gallon are a stark contrast to the expensive costs during the Biden administration. During Biden’s term, the average cost for a gallon of regular gas was $3.555, according to the U.S. Energy Information Administration. This included the highest yearly average for regular gasoline in U.S. history, at $4.059 per gallon in 2022. Biden also holds the dubious distinction of having the highest monthly average in U.S. history, at $5.032 per gallon in June 2022.
Fuel costs have declined during the second term of President Donald Trump, reaching prices not seen in years, even with the slight increase in February. Lower gas prices have become a staple of Trump’s presidential administrations.
Regardless of the national average, fuel costs tend to vary by region with the West Coast typically having the most expensive gas prices in the nation. For the last two years, the lowest gas prices were usually found in states along the Gulf Coast or in adjacent states, such as Oklahoma. That has changed in recent months.
As such, Oklahoma is once again the state with the lowest gas prices in the nation, an …
What's the administration thinking here?
The national average price for a gallon of regular gas slightly increased to $2.875 to begin February. Monday’s price at the pumps was a minimal increase from Sunday, the first of the new month, when regular gas was $2.87 per gallon.
Overall, gas prices have varied over the last 30 days. Monday’s price point was actually a slight decrease from a week ago, when a gallon of regular gas was $2.88, according to AAA. However, the $2.87 per gallon price on Monday was higher than a month ago, when fuel cost $2.83. The price fluctuation followed gas prices hitting $2.79 per gallon on Jan. 12, the lowest amount for a gallon of regular gas in almost 5 years.
Nevertheless, despite the recent increase, gas prices are substantially lower than a year ago, when a gallon of regular gas cost $3.098, according to AAA. Gas price analysts for AAA blamed the slight increase on the recent winter storms in the United States, which disrupted supply.
“The winter storm that wreaked havoc on most of the nation has led to supply disruptions and pushed up the national average for a gallon of regular gasoline to $2.87,” according to AAA. “Below-freezing temperatures and lingering snow have disrupted some crude production and refinery operations, while gasoline demand increased pre-storm as drivers filled up their tanks ahead of the severe winter weather.”
Gas prices consistently under $3 per gallon are a stark contrast to the expensive costs during the Biden administration. During Biden’s term, the average cost for a gallon of regular gas was $3.555, according to the U.S. Energy Information Administration. This included the highest yearly average for regular gasoline in U.S. history, at $4.059 per gallon in 2022. Biden also holds the dubious distinction of having the highest monthly average in U.S. history, at $5.032 per gallon in June 2022.
Fuel costs have declined during the second term of President Donald Trump, reaching prices not seen in years, even with the slight increase in February. Lower gas prices have become a staple of Trump’s presidential administrations.
Regardless of the national average, fuel costs tend to vary by region with the West Coast typically having the most expensive gas prices in the nation. For the last two years, the lowest gas prices were usually found in states along the Gulf Coast or in adjacent states, such as Oklahoma. That has changed in recent months.
As such, Oklahoma is once again the state with the lowest gas prices in the nation, an …
Gas prices: Slight increase at the pumps to begin February
What's the administration thinking here?
The national average price for a gallon of regular gas slightly increased to $2.875 to begin February. Monday’s price at the pumps was a minimal increase from Sunday, the first of the new month, when regular gas was $2.87 per gallon.
Overall, gas prices have varied over the last 30 days. Monday’s price point was actually a slight decrease from a week ago, when a gallon of regular gas was $2.88, according to AAA. However, the $2.87 per gallon price on Monday was higher than a month ago, when fuel cost $2.83. The price fluctuation followed gas prices hitting $2.79 per gallon on Jan. 12, the lowest amount for a gallon of regular gas in almost 5 years.
Nevertheless, despite the recent increase, gas prices are substantially lower than a year ago, when a gallon of regular gas cost $3.098, according to AAA. Gas price analysts for AAA blamed the slight increase on the recent winter storms in the United States, which disrupted supply.
“The winter storm that wreaked havoc on most of the nation has led to supply disruptions and pushed up the national average for a gallon of regular gasoline to $2.87,” according to AAA. “Below-freezing temperatures and lingering snow have disrupted some crude production and refinery operations, while gasoline demand increased pre-storm as drivers filled up their tanks ahead of the severe winter weather.”
Gas prices consistently under $3 per gallon are a stark contrast to the expensive costs during the Biden administration. During Biden’s term, the average cost for a gallon of regular gas was $3.555, according to the U.S. Energy Information Administration. This included the highest yearly average for regular gasoline in U.S. history, at $4.059 per gallon in 2022. Biden also holds the dubious distinction of having the highest monthly average in U.S. history, at $5.032 per gallon in June 2022.
Fuel costs have declined during the second term of President Donald Trump, reaching prices not seen in years, even with the slight increase in February. Lower gas prices have become a staple of Trump’s presidential administrations.
Regardless of the national average, fuel costs tend to vary by region with the West Coast typically having the most expensive gas prices in the nation. For the last two years, the lowest gas prices were usually found in states along the Gulf Coast or in adjacent states, such as Oklahoma. That has changed in recent months.
As such, Oklahoma is once again the state with the lowest gas prices in the nation, an …
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