National Gas Average Creeps Closer to $3 a Gallon

Washington, DC–Will it, or won’t it? The national average for a gallon of regular gasoline could reach the 3-dollar mark for the first time in 4 years. Since last week, the national average has dropped more than 5 cents to $3.05. Several factors are behind the drop, including falling crude oil prices, lower gasoline demand, and cheaper winter-blend gasoline at the pump. The tropics have been relatively quiet, and storm activity hasn’t had an impact on gas prices. 

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.