The national average price for a gallon of regular gasoline climbed 13 cents in the past week to $4.27 as crude oil prices continued to rise, according to AAA.
AAA said volatility in the Strait of Hormuz has pushed crude oil back into the $100-per-barrel range for the first time since July. Gas prices are now comparable to levels seen in early June and are rising during a time of year when prices typically decline because of lower gasoline demand.
As of Thursday, the national average was $4.277 per gallon, compared with $4.1436 a week ago, $4.0091 a month ago and $3.1938 a year ago.
According to data from the U.S. Energy Information Administration, gasoline demand decreased from 8.92 million barrels per day to 8.55 million barrels per day last week. Total domestic gasoline supply increased from 205.7 million barrels to 206.9 million barrels, while gasoline production decreased from 9.8 million barrels per day to 9.3 million.
West Texas Intermediate crude oil rose $3.02 Wednesday to settle at $96.05 per barrel. U.S. crude oil inventories decreased by 400,000 barrels to 424.1 million barrels, matching the five-year average, according to the EIA.
AAA reported the 10 most expensive gasoline markets were California at $5.89, Washington at $5.53, Hawaii at $5.40, Oregon at $5.06, Alaska at $5.05, Nevada at $5.01, Idaho at $4.76, Utah at $4.68, Arizona at $4.57 and Illinois at $4.48.
The 10 least expensive markets were Indiana at $3.56, Mississippi at $3.80, Texas at $3.83, Kansas at $3.84, Louisiana at $3.85, Alabama and Oklahoma at $3.87, Tennessee at $3.89, South Carolina at $3.90 and Arkansas at $3.92.
Meanwhile, the national average cost of electricity at a public electric vehicle charging station remained unchanged at 42 cents per kilowatt-hour.
New Jersey was among the 10 most expensive states for public EV charging at 45 cents per kilowatt-hour, according to AAA. Hawaii was the most expensive at 53 cents, followed by West Virginia at 52 cents and Alaska at 49 cents.
Kansas had the lowest average public charging price at 31 cents per kilowatt-hour.
