Price of Gasoline Dips According to AAA

The national average for a gallon of regular gasoline dropped nearly 7 cents from last week to $4.41. This follows a record-setting September at the pump. The monthly average was $4.33, 50 cents higher than the previous September record of $3.83 set in 2023. Crude oil prices have dipped back into the $90 per barrel range, lowering the national average, but overall gas prices remain the highest they’ve ever been for this time of year.  

Today’s National Average: $4.4137 

One Week Ago: $4.4825 

One Month Ago: $4.0954 

One Year Ago: $3.1605 

According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 8.84 million barrels per day to 8.68 million. Total domestic gasoline supply decreased from 206 million barrels to 204.4 million. Gasoline production also decreased from 9.59 million barrels to 9.46 million per day. 

At the close of Wednesday’s formal trading session, WTI rose $1.04 to settle at $90.42 per barrel. The EIA reports that U.S. crude oil inventories increased 0.9 million barrels to 427.3 million barrels, 2% above the five-year average. 

State Stats 

Gas 

The nation’s top 10 most expensive gasoline markets are California ($6.40), Hawaii ($5.62), Washington ($5.49), Nevada ($5.49), Oregon ($5.05), Alaska ($5.03), Utah ($4.97), Idaho ($4.97), Arizona ($4.77), and Illinois ($4.71). 

The nation’s top 10 least expensive gasoline markets are Indiana ($3.81), Texas ($3.94), Georgia ($3.96), Mississippi ($3.96), Louisiana ($3.97), Tennessee ($3.97), South Carolina ($3.99), Arkansas ($3.99), Alabama ($4.02), and Kentucky ($4.04).