Drivers See Small Break as Gas Prices Tick Lower

Washington, DC–The national average for a gallon of regular gasoline decreased 7 cents over the past week to $4.09. After last week’s announcement of a two-week ceasefire between the U.S. and Iran, the price for a barrel of crude oil has continued to trade below $100. However, maritime traffic transiting the Strait of Hormuz remains subdued as regional tensions persist and negotiations continue.

The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 41 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.