New year starts with highest gas prices since 2014, says AAA

At $2.49, the national gas price average was the highest at the start of a new year since 2014, when gas prices were more than $3.00/gallon. Prices in some states and jurisdictions are even higher — $2.71 in DC and $2.51 in Maryland, while Virginia prices are lower at $2.30.

But prices likely won’t stay up.

“Although prices at the pump shot up over the holidays, now that the holiday season is over, motorists can expect gas prices to trend cheaper this month as we are likely to see a significant drop in gasoline demand,” said Jeanette Casselano of the American Automobile Association.

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