Gas prices remained relatively quiet this past week, with the national average for a gallon of regular gasoline inching up just two cents to $3.07, according to AAA.
Drivers continue to pay less than they did a year ago, and analysts expect that downward trend to continue as cooler weather reduces road travel. Gasoline demand typically dips in the fall as fewer Americans take road trips.
Today’s national average stood at $3.071, up slightly from $3.057 a week ago but down from $3.172 a month ago and $3.155 one year ago.
According to data from the Energy Information Administration (EIA), gasoline demand remained flat at 8.45 million barrels per day. Domestic gasoline supply fell from 218.8 million barrels to 216.7 million, while production rose to an average of 9.6 million barrels per day.
At Wednesday’s market close, West Texas Intermediate (WTI) crude oil rose $1.26 to settle at $58.50 a barrel. The EIA reported U.S. crude inventories decreased by 1 million barrels to 422.8 million, about 4% below the five-year average for this time of year.
Meanwhile, the national average cost for electricity at public EV charging stations held steady at 36 cents per kilowatt hour.
The nation’s 10 most expensive gasoline markets are California ($4.60), Hawaii ($4.48), Washington ($4.37), Oregon ($3.97), Alaska ($3.84), Nevada ($3.80), Idaho ($3.42), Arizona ($3.36), Utah ($3.31), and Illinois ($3.25).
The 10 least expensive gasoline markets are Mississippi ($2.61), Texas ($2.61), Louisiana ($2.62), Oklahoma ($2.63), Tennessee ($2.64), Arkansas ($2.66), Alabama ($2.68), Kentucky ($2.69), Missouri ($2.70), and Kansas ($2.73).
For EV charging, the most expensive states per kilowatt hour are West Virginia (53 cents), Alaska (50 cents), Hawaii (47 cents), South Carolina (44 cents), Alabama (43 cents), New Hampshire (43 cents), Arkansas (43 cents), Wisconsin (42 cents), Louisiana (42 cents), and Oklahoma (42 cents).
The least expensive states for public charging are Kansas (26 cents), Maryland (28 cents), Missouri (28 cents), Nebraska (28 cents), Utah (28 cents), Delaware (32 cents), Vermont (32 cents), North Carolina (32 cents), Colorado (33 cents), and Iowa (33 cents).
Drivers can find current gas and electric charging prices along their route using the AAA TripTik Travel Planner.
