Gas Prices 26 March 2026
• Today’s National Average: $3.981
• One Week Ago: $3.884
• One Month Ago: $2.983
• One Year Ago: $3.150

According to new data from the Energy Information Administration (EIA), gasoline demand increased last week from 8.72 million b/d to 8.92 million. Total domestic gasoline supply decreased from 244 million barrels to 241.4 million. Gasoline production increased last week, averaging 9.7 million barrels per day.

Oil Market Forces in Play

At the close of Wednesday’s formal trading session, WTI fell $2.03 to settle at $90.32 a barrel. The EIA reports crude oil inventories increased by 6.9 million barrels from the previous week. At 456.2 million barrels, U.S. crude oil inventories are about 0.1% above the five-year average for this time of year.