No news is good news for drivers filling up their tanks. The national average for a gallon of regular gasoline stayed the same this past week at $3.08. Gas prices have remained relatively quiet this month thanks to an abundance of crude oil. As we prepare to enter the busy Thanksgiving travel period, pump prices are expected to remain where they are now or drop even lower. Currently, drivers are paying the same as this time last year, when the national average was also $3.08. 

Today’s National Average: $3.080 

One Week Ago: $3.084 

One Month Ago: $3.082 

One Year Ago: $3.084 

According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.87 million b/d last week to 9.02 million. Total domestic gasoline supply decreased from 206 million barrels to 205.1 million. Gasoline production increased last week, averaging 9.9 million barrels per day. 

Oil Market Dynamics 

At the close of Wednesday’s formal trading session, WTI fell $2.55 to settle at $58.49 a barrel. The EIA reports crude oil inventories increased by 6.4 million barrels from the previous week. At 427.6 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year. 

EV Charging 

The national average per kilowatt hour of electricity at a public EV charging station went up by 1 cent this past week to 38 cents. 

State Stats 

Gas 

The nation’s top 10 most expensive gasoline markets are California ($4.68), Hawaii ($4.45), Washington ($4.19), Nevada ($3.92), Oregon ($3.79), Alaska ($3.78), Arizona ($3.36), Idaho ($3.32), Pennsylvania ($3.29), and Illinois ($3.26). 

The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.55), Mississippi ($2.62), Arkansas ($2.64), Texas ($2.65), Louisiana ($2.65), Tennessee ($2.68), Missouri ($2.71), Alabama ($2.73), Kansas ($2.73), and Iowa ($2.74). 

Electric 

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (53 cents), Alaska (48 cents), Hawaii (48 cents), South Carolina (44 cents), Louisiana (44 cents), New Jersey (43 cents), New Hampshire (43 cents), Alabama (42 cents), Tennessee (42 cents), and California (42 cents). 

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (26 cents), Missouri (28 cents), Nebraska (29 cents), Utah (30 cents), Vermont (31 cents), Wyoming (31 cents), Iowa (32 cents), Maryland (32 cents), Delaware (33 cents), and New Mexico (34 cents).  

Drivers can find current gas and electric charging prices along their route using the AAA TripTik Travel planner.