California Leads Gas Prices as US Average Falls to $4.22

Buzzline

AAA says the national average for regular gasoline fell 5 cents in a week to $4.22, while crude oil above $100 a barrel is limiting further declines. The average stood at about $4.46 a month ago and $3.04 a year ago. The Energy Information Administration reports that gasoline demand fell from 8.98 million to 8.38 million barrels a day; California remains the most expensive market at $5.94, and North Carolina is the cheapest at $3.42. Public EV charging averaged 41 cents per kilowatt-hour.  Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

Transcript

00:00Gas prices are drifting lower, but oil is keeping a lid on the relief.

00:04AA reports the national average for regular gas fell 5 cents in a week to $4.22.

00:10A month ago, it was about $4.46.

00:13But a year ago, drivers paid only about $3.04.

00:16Crude oil above $100 a barrel is limiting further drops at the pump.

00:21Gasoline demand also fell last week from 8.98 million barrels a day to 838 million.

00:27Gasoline supply rose to 209.2 million barrels.

00:32California remains the priciest market at $5.94 a gallon.

00:37Hawaii, Nevada, and Washington follow.

00:39Prices on the West Coast stay well above the national average.

00:42North Carolina is the cheapest at $3.42.

00:45Georgia and Texas are next.

00:47For EV drivers, public charging held steady at 41 cents per kilowatt hour.

00:52So the trend is down, but pump prices are still far above last year.

00:56Disclosure, this video contains stock footage and content created or enhanced using AI-assisted tools.

01:02We'll be back to the next year.

01:02Nachstan

Category

Transcript

Comments

Recommended