Today’s AAA National Average $3.593

Price as of 5/26/24

Tag: Gas Price Commentary

Gas Demand Spikes, Contributing to Rising Pump Prices

October 06,2022

Since Monday, the national average for a gallon of regular gasoline has risen by seven cents to $3.86. According to new data from the Energy Information Administration, gas demand increased nationally from 8.83 million b/d to 9.47 million b/d last week, and total domestic gasoline…Read more »

Tight Supply and More Demand Cause Pump Prices to Rise

October 03,2022

WASHINGTON, D.C. — The national average pump price for a gallon of gas maintained its recent surge, rising seven cents over the past week to hit $3.79. Tight supply and increased demand as more drivers fuel up are the main culprits. “The regional differences in…Read more »

Gas Prices Rise as Ian Heads Toward Florida

September 26,2022

WASHINGTON, D.C. — Gas prices rose a nickel over the past week, as the national average pump price hit $3.72. The main reason is higher regional prices on the West Coast and the Midwest due to refinery issues ranging from planned maintenance to a fire….Read more »

Crude Stocks Take a Major Step Back As Pump Prices Stabilize

September 05,2019

In the Energy Information Administration’s latest report, total domestic crude stocks fell by 4.8 million bbl last week. Despite the drop to 423 million bbl, stocks are approximately 21.5 million bbl higher than were they were at the end of August 2018. The higher inventory…Read more »