Gas Prices are Falling, but Will They Keep Going Down?

WASHINGTON, DC– The national average for a gallon of regular gasoline is down 12 cents from last week at $4.42. Crude oil prices have been going down this week amid reports of peace talks with Iran. But the fragile situation could cause oil prices to spike again if a ceasefire deal isn’t reached. Gas prices remain the highest they’ve been in four years and will likely remain elevated as the busy summer driving season gets underway. 

The national average per kilowatt hour of electricity at a public EV charging station remained 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.