Gas prices remain steady as November begins; national average ticks up but remains lower than last year
WASHINGTON, D.C. — Gas prices across the United States are holding relatively steady as November begins, with the national average for a gallon of regular gasoline rising nearly 5 cents over the past week to $3.08, according to the American Automobile Association (AAA).
AAA said the modest uptick is largely due to refinery maintenance in California, where temporary production slowdowns tend to drive up regional prices. Despite the slight increase, the national average remains lower than it was this time last year, and analysts expect prices to stay relatively stable heading into Thanksgiving.
Today’s national average sits at $3.084 per gallon, compared to $3.038 one week ago, $3.133 one month ago, and $3.107 one year ago, AAA reported.
According to new data from the Energy Information Administration (EIA), gasoline demand fell slightly last week from 8.92 million barrels per day to 8.87 million, while total domestic gasoline supply decreased from 210.7 million barrels to 206 million. However, gasoline production increased to an average of 9.8 million barrels per day.
Oil Market Dynamics
At the close of trading on Wednesday, West Texas Intermediate (WTI) crude oil dropped 96 cents to settle at $59.60 per barrel. The EIA reported that U.S. crude oil inventories rose by 5.2 million barrels to 421.2 million barrels, about 4% below the five-year seasonal average.
EV Charging Costs
The national average cost for electric vehicle (EV) charging at public stations fell by 1 cent this past week to 37 cents per kilowatt hour.
State Gas and Charging Prices
The most expensive gasoline markets in the country include California at $4.69, Hawaii at $4.47, Washington at $4.25, Nevada at $3.98, and Oregon at $3.85. On the lower end, states such as Mississippi, Tennessee, Oklahoma, Louisiana, and Texas are seeing averages between $2.60 and $2.64 per gallon.
For electric vehicle owners, West Virginia, Alaska, and Hawaii have the highest public charging costs, averaging between 48 and 53 cents per kilowatt hour. Kansas, Nebraska, and Missouri remain among the least expensive states, averaging between 25 and 27 cents per kilowatt hour.
Drivers can check current fuel and charging prices along their route using the AAA TripTik Travel Planner.
