National Gas Prices Rise to $4.43 Amid High Crude Costs

The national average for regular gasoline climbed 16 cents to reach $4.43 per gallon.
The national average price for a gallon of regular gasoline rose 16 cents to reach $4.43. This figure marks a year-over-year increase of more than one dollar. The current price is approaching this year's record high of $4.56. Data from GN auto markets/energy: crude oil prices confirms that WTI crude settled at $102.43 per barrel. WTI crude fell by $3.40 during the final trading session. U.S. crude oil inventories decreased by 0.6 million barrels to total 423.4 million barrels.
Gasoline demand increased to 8.79 million barrels per day last week. This represents a rise from the previous week's 8.55 million barrels. Total domestic gasoline supply also grew to 207.7 million barrels. Production rates climbed to 9.6 million barrels per day from 9.3 million. The national average remains below the all-time peak of $5.01. That record was set on June 14, 2022.
Regional Price Disparities Remain Wide
California leads the nation with an average gas price of $6.08. Washington follows at $5.57, and Hawaii sits at $5.48. Nevada, Oregon, and Alaska all exceed $5.00 per gallon. Indiana offers the lowest average price at $3.92. Texas and Mississippi follow closely at $3.93. Louisiana, Alabama, and Arkansas all remain below $4.04. The spread between the highest and lowest markets is over two dollars.
Electric Charging Costs Stay Stable
The national average cost for public electric vehicle charging held steady at 42 cents. This rate applies per kilowatt-hour of electricity. West Virginia and Hawaii report the highest costs at 52 cents each. Louisiana, California, and Alaska charge 47 cents per unit. Kansas offers the lowest rate at 31 cents. Missouri and Iowa follow at 33 cents. Nebraska and Maryland sit at 34 cents. These figures show a stable national average despite regional variation.






