Today’s AAA National Average $3.467

Price as of 3/18/24

Month: June 2022

Decreasing Gas Demand and Oil Prices Push Pump Prices Lower

June 30,2022

Since Monday, the national average for a gallon of regular gasoline has decreased by four cents to $4.85. Due to the delayed release of the Energy Information Administration’s (EIA) report on gasoline supply and demand last week, the federal agency released two weeks of data…Read more »

Gas Prices Tumble, But How Low Will They Go?

June 27,2022

WASHINGTON, D.C. (June 27, 2022)—A drop in the global price of oil helped the national average for a gallon of gas to fall for a second week to land at $4.89. Economic fears of a potential global recession leading to less demand for oil dropped…Read more »

National Average Decreases as Crude Prices Decline

June 23,2022

Since Monday, the national average for a gallon of regular gasoline has decreased by four cents to $4.94. The Energy Information Administration will not release gasoline demand/supply and domestic oil inventory levels data this week due to “systems issues.” However, if gas demand continues its…Read more »

Pump Price Increases Ease as Gas Demand Dips

June 16,2022

Since Monday, the national average for a gallon of regular gasoline has decreased by a penny to $5.00. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks fell by 700,000 bbl to 217.5 million bbl last week. Meanwhile, gasoline demand…Read more »

National Average Hits New All-Time High at $5 Per Gallon

June 13,2022

WASHINGTON, D.C. (June 13, 2022)—The cost of a barrel of oil is over $120, nearly double last August’s price, as increased oil demand outpaces the tight global supply. Meanwhile, domestic gasoline demand remains robust as the summer driving season ramps up. As a result, the…Read more »