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The national average for a gallon of regular gasoline dropped slightly from the previous week to $2.92, AAA said today.*
“Pump prices are expected to start their seasonal climb soon, as spring approaches and summer-blend gasoline production begins. Tensions between the U.S. and Iran are another factor that could drive up crude oil prices. Right now, gas prices are the lowest they’ve been for this time of year since 2021,” AAA said in a release. [The Trump Administration is in the process of deploying one of the largest number of U.S. military forces ever in the region. Once again today Trump threatened Iran saying, “We have to make a meaningful deal. Otherwise bad things happen.”-AutoCrat.]**
According to new data from the Energy Information Administration (EIA), gasoline demand increased last week from 8.30 million b/d to 8.74 million. Total domestic gasoline supply decreased from 259.1 million barrels to 255.8 million. Gasoline production increased last week, averaging 9.4 million barrels per day.
Oil Market Forces at Work
At the close of Wednesday’s formal trading session, WTI rose $2.86 to settle at $65.19 a barrel. The EIA reports that crude oil inventories decreased by 9 million barrels from the previous week. At 419.8 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.
EV Charging
The national average per kilowatt hour of electricity at a public EV charging station rose to 39 cents.
State of the States
- The nation’s top 10 most expensive gasoline markets are California ($4.59), Hawaii ($4.40), Washington ($4.18), Oregon ($3.71), Nevada ($3.64), Alaska ($3.51), Arizona ($3.19), Pennsylvania ($3.10), Washington, DC ($3.09), and Vermont ($3.00).
- The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.28), Arkansas ($2.45), Kansas ($2.46), Mississippi ($2.49), Iowa ($2.50), Louisiana ($2.50), Missouri ($2.51), North Dakota ($2.53), Wisconsin ($2.53), and Texas ($2.55).
Electric Vehicle Charging
- The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Hawaii (50 cents), Alaska (48 cents), Louisiana (47 cents), South Carolina (44 cents), New Hampshire (44 cents), New Jersey (43 cents), California (42 cents), Idaho (42 cents), and Tennessee (42 cents).
- The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (25 cents), Wyoming (27 cents), Missouri (28 cents), Nebraska (30 cents), Utah (31 cents), Iowa (32 cents), Vermont (32 cents), Maryland (33 cents), New Mexico (33 cents), and Delaware (34 cents).
*AutoInformed on
**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.
Average Gallon Price for Gasoline Drops Slightly, But…
Click for more.
The national average for a gallon of regular gasoline dropped slightly from the previous week to $2.92, AAA said today.*
“Pump prices are expected to start their seasonal climb soon, as spring approaches and summer-blend gasoline production begins. Tensions between the U.S. and Iran are another factor that could drive up crude oil prices. Right now, gas prices are the lowest they’ve been for this time of year since 2021,” AAA said in a release. [The Trump Administration is in the process of deploying one of the largest number of U.S. military forces ever in the region. Once again today Trump threatened Iran saying, “We have to make a meaningful deal. Otherwise bad things happen.”-AutoCrat.]**
According to new data from the Energy Information Administration (EIA), gasoline demand increased last week from 8.30 million b/d to 8.74 million. Total domestic gasoline supply decreased from 259.1 million barrels to 255.8 million. Gasoline production increased last week, averaging 9.4 million barrels per day.
Oil Market Forces at Work
At the close of Wednesday’s formal trading session, WTI rose $2.86 to settle at $65.19 a barrel. The EIA reports that crude oil inventories decreased by 9 million barrels from the previous week. At 419.8 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.
EV Charging
The national average per kilowatt hour of electricity at a public EV charging station rose to 39 cents.
State of the States
Electric Vehicle Charging
*AutoInformed on
**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.