National Average Gas and Diesel Prices for April 2024
Tracking the Great Reset through Gas Prices
My fellow Patriots,
This is the final article for my monthly gas price analysis articles.
The national average gas prices for April opened up at $3.536 per gallon before decreasing the next day to $3.535 per gallon. The following day, gas prices rose to $3.548 per gallon and the increase continued for 9 days to $3.634 per gallon on the 12th. On April 13th, prices decreased to $3.633 per gallon and then to $3.632 per gallon the following day. On the 15th, prices rose to $3.634 per gallon and the increase continued for 4 days to $3.679 per gallon. The national average gas price then decreased on April 20th to $3.676 per gallon and that decrease lasted through the next day when price decreased to $3.673 per gallon. The following day, prices rose to $3.675 per gallon before decreasing the next day to $3.667 per gallon. That decrease continued for two days to $3.658 per gallon on April 25th. The prices then increased and decreased by $0.001 and $0.002 per gallon for the rest of the month to close April at $3.667 per gallon. All data is from AAA.
The national average diesel prices for April opened up at $4.018 per gallon and increased for 5 days to $4.050 per gallon on April 6th. On the 7th, prices decreased to $4.049 per gallon and then to $4.044 per gallon on the 8th. On April 9th, prices rose to $4.053 per gallon and that continued for two days to $4.059 per gallon on the 11th. On the 12th, prices decreased to $4.057 per gallon and that decrease continued for 3 days to $4.036 per gallon on the 15th. The next day prices rose to $4.048 per gallon and then to $4.056 per gallon on the 17th. On the 18th, prices decreased to $4.055 per gallon and the decrease continued for 11 days to $4.003 per gallon on April 29th. On April 30th, prices rose to $4.008 per gallon.
Why are the gas and diesel prices so opposite of each other? Generally these two types of fuel follow similar overall trends, but in the past few months, diesel has tended to decrease in price while gasoline has increased. One factor could be that as the school year in ending, more people are on the road and therefore gas prices will increase, but at the same time, people do not have as much discretionary income and therefore less goods are being purchased (meaning that less diesel is consumed and therefore prices go down).
Another possible factor is the global economic unrest that is seen both from a collapsing US economy and the conflict taking place across the world; whether in the Middle-east, Eastern Europe, or in East Asia. Unrest always leads to unpredictable prices, whether it is food, fuel, or the stock market.
Fuel prices might increase as the 2024 election rolls around, but there is no certainty that will occur; and they are most definitely going to increase afterwards, regardless of who wins.
Yes, this gas price analysis article is my last monthly article of this kind. As I announced in last month’s article, I am simply not seeing a return on investment for these articles. These articles take time to research, write, and make the charts for them and they are not bring in an audience to my Substack.
Obviously, I am not shutting down my Substack and I will continue the daily fuel price updates on social media, but there will simply not be another one of these analysis articles (unless something really important happens that needs addressing).
I am extremely thankful to everyone who did read these articles, enjoyed them, and shared them with their friends, family, and followers.