Click for more.
The national average for a gallon of regular the same as it was one week ago at $3.15, according to AAA.*
“Tis the season for lower gas prices as demand drops and gas stations make the switch to winter-blend gasoline which is cheaper to produce. Crude oil supply remains robust as OPEC+ – a group of oil-producing countries – is likely to announce in the coming days another production increase in November. That surplus coupled with weaker demand is keeping pump prices down, even as some U.S. refineries are expected to go offline this month for seasonal maintenance,” said AAA.
The Energy Information Administration (EIA) said gasoline demand decreased from 8.95 million b/d last week to 8.51 million. Total domestic gasoline supply increased from 216.6 million barrels to 220.7 million. Gasoline production decreased last week, averaging 9.3 million barrels per day.
“At the close of Wednesday’s formal trading session, WTI fell 59 cents to settle at $61.78 a barrel. The EIA reports that crude oil inventories increased by 1.8 million barrels from the previous week. At 416.5 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year,” said AAA.
National Average 2 October: $3.159
- One Week Ago: $3.157
- One Month Ago: $3.186
- One Year Ago: $3.196
State of the States
The nation’s top 10 most expensive gasoline markets are California ($4.64), Washington ($4.53), Hawaii ($4.49), Oregon ($4.17), Nevada ($3.90), Alaska ($3.87), Arizona ($3.54), Idaho ($3.49), Utah ($3.39), and Illinois ($3.34).
The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.65), Mississippi ($2.70), Louisiana ($2.74), Texas ($2.75), Arkansas ($2.75), Tennessee ($2.78), Alabama ($2.79), Missouri ($2.81), Wisconsin ($2.81), and South Carolina ($2.81).
Electricity
The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 36 cents.
The nation’s top 10 most expensive states for public charging per kilowatt hour are Alaska (51 cents), West Virginia (47 cents), Hawaii (46 cents), South Carolina (45 cents), New Hampshire (43 cents), Tennessee (43 cents), Arkansas (43 cents), Alabama (43 cents), Montana (42 cents), and Louisiana (42 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (26 cents), Maryland (28 cents), Missouri (28 cents), Nebraska (28 cents), Utah (28 cents), Delaware (31 cents), Vermont (32 cents), North Carolina (32 cents), Colorado (33 cents), and Iowa (34 cents).
Drivers can find current gas and electric charging prices along their route using the AAA TripTik Travel planner.
*About AAA
Started in 1902 by automotive enthusiasts who wanted to chart a path for better roads in America and advocate for safe mobility, AAA has transformed into one of North America’s largest membership organizations. Today, AAA says it delivers exceptional roadside assistance, helps travelers plan their dream vacations and adventures, offers exclusive member discounts and benefits, and provides trusted financial and insurance services – all to enhance the life journey of our 65+ million members across North America, including nearly 58 million in the United States. To learn more about all AAA offers or become a member, visit AAA.com.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Gasoline Demand Dropping, Pump Prices Flat
Click for more.
The national average for a gallon of regular the same as it was one week ago at $3.15, according to AAA.*
“Tis the season for lower gas prices as demand drops and gas stations make the switch to winter-blend gasoline which is cheaper to produce. Crude oil supply remains robust as OPEC+ – a group of oil-producing countries – is likely to announce in the coming days another production increase in November. That surplus coupled with weaker demand is keeping pump prices down, even as some U.S. refineries are expected to go offline this month for seasonal maintenance,” said AAA.
The Energy Information Administration (EIA) said gasoline demand decreased from 8.95 million b/d last week to 8.51 million. Total domestic gasoline supply increased from 216.6 million barrels to 220.7 million. Gasoline production decreased last week, averaging 9.3 million barrels per day.
“At the close of Wednesday’s formal trading session, WTI fell 59 cents to settle at $61.78 a barrel. The EIA reports that crude oil inventories increased by 1.8 million barrels from the previous week. At 416.5 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year,” said AAA.
National Average 2 October: $3.159
State of the States
The nation’s top 10 most expensive gasoline markets are California ($4.64), Washington ($4.53), Hawaii ($4.49), Oregon ($4.17), Nevada ($3.90), Alaska ($3.87), Arizona ($3.54), Idaho ($3.49), Utah ($3.39), and Illinois ($3.34).
The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.65), Mississippi ($2.70), Louisiana ($2.74), Texas ($2.75), Arkansas ($2.75), Tennessee ($2.78), Alabama ($2.79), Missouri ($2.81), Wisconsin ($2.81), and South Carolina ($2.81).
Electricity
The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 36 cents.
The nation’s top 10 most expensive states for public charging per kilowatt hour are Alaska (51 cents), West Virginia (47 cents), Hawaii (46 cents), South Carolina (45 cents), New Hampshire (43 cents), Tennessee (43 cents), Arkansas (43 cents), Alabama (43 cents), Montana (42 cents), and Louisiana (42 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (26 cents), Maryland (28 cents), Missouri (28 cents), Nebraska (28 cents), Utah (28 cents), Delaware (31 cents), Vermont (32 cents), North Carolina (32 cents), Colorado (33 cents), and Iowa (34 cents).
Drivers can find current gas and electric charging prices along their route using the AAA TripTik Travel planner.
*About AAA
Started in 1902 by automotive enthusiasts who wanted to chart a path for better roads in America and advocate for safe mobility, AAA has transformed into one of North America’s largest membership organizations. Today, AAA says it delivers exceptional roadside assistance, helps travelers plan their dream vacations and adventures, offers exclusive member discounts and benefits, and provides trusted financial and insurance services – all to enhance the life journey of our 65+ million members across North America, including nearly 58 million in the United States. To learn more about all AAA offers or become a member, visit AAA.com.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.