Lower Crude Oil Prices Driving Down National Average
WASHINGTON, DC – The national average for a gallon of regular gasoline fell three cents this past week to $4.06. Crude oil prices are down in the $70 per barrel range amid optimism that the Strait of Hormuz will resume normal operations. Currently, half of states are paying below $4 per gallon on average. Gas prices typically start going down this time of year, as many schools and universities begin fall semesters, and fewer people are taking road trips compared to earlier in the summer.
The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 42 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.