States in the South currently have the lowest average gas prices, according to data collected by the AAA.
Gas price averages are highest in the western U.S. states, according to the American Automobile Association .Gasoline prices nationwide average about $3.60 per gallon, up six cents from a year ago, according to AAA. On average, in 2023, gas consumption averaged about 8.94 million barrels per day or about 376 million gallons per day, the U.S. Energy Information Administration reports.
The report on the latest average gas prices come as President Joe Biden has announced his administration will release a million barrels of government controlled oil ahead of the Fourth of July national holiday in an effort to ease prices. The extra petroleum will come from northeastern oil reserves in New Jersey and Maine The sale of the government-owned stock was mandated by Congress in the spending bill passed in March this year.
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