Today’s AAA National Average $2.671

Price as of 6/25/19

Gas Demand Up on the Week, but Historically Low

Gas Demand Up on the Week, but Historically Low

October 04,2018

After demand hit an unseasonal low of 8.9 million b/d for the week ending on September 21, the latest Energy Information Administration (EIA) report estimates demand for gasoline grew slightly to 9.1 million b/d last week. This uptick in demand occurred alongside a small drop in gasoline stocks, which dipped slightly to 235.2 million bbl from the previous week’s 235.7 million bbl. Despite this lower demand and somewhat steady stock levels, gas prices across the country have climbed this week, with today’s national average for unleaded regular gasoline sitting at $2.91.