Where do gas prices stand in key states on Election Day?
Summary
The national average for regular gasoline was $4.14 per gallon on Election Day, up $1.16, or 38%, since the Iran war began in February, according to AAA data. Prices varied across 16 states with competitive Senate races: Alaska had the highest average at $4.75, while North Carolina had the lowest at $3.38.Key Facts
- Eleven of the 16 states had average gas prices below the national average.
- Gas prices were higher than a year earlier in all 16 states, with the article linking much of the increase to an oil supply shortage following the Iran war.
- North Carolina had the smallest year-over-year increase among the states, at 23%.
- Michigan had the largest year-over-year increase, at more than 50%.
- Ten of the 16 states recorded year-over-year price increases of at least 40%.
- The national average fell 12 cents over the week before Election Day.
- Over that week, prices fell 30 cents per gallon in Michigan, 29 cents in Ohio and 18 cents in Iowa.
- U.S. oil prices fell nearly 8% on Monday to about $96.30 per barrel, then were essentially unchanged Tuesday morning.
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