Gas Demand Down as Seasonal Shift Begins

Washington, D.C.–As drivers settle into their fall routines, gas demand is going down, and eventually, pump prices should follow suit. The national average for a gallon of regular is down about a penny to $3.19. There remains an abundance of crude oil supply which is outweighing demand. The seasonal transition to winter-blend gasoline – which is cheaper to produce – is also beginning. While the national average has been relatively stable, drivers in the Pacific Northwest are feeling pain at the pump. Gas prices in the area have jumped more than 20 cents in the past week due to the shutdown of a major pipeline that transports fuel from Washington to Oregon. The pipeline is reportedly expected to resume operations in a few days.

The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 36 cents. 

For the complete fuel report, including the latest EIA data, state gas and EV charging price trends, and oil market dynamics, please visit AAA Fuel Site.