WALNUT CREEK, CA — While gas prices fluctuated slightly this past week, the average for a gallon of regular gasoline in California went up by a penny to $4.49. Nationwide the average for a gallon of regular gasoline is up two cents to $3.16.
“Crude oil prices are hanging in the mid-60 dollar per barrel range, keeping pump prices steady,” said Doug Johnson, spokesperson for AAA Mountain West Group. “Supply remains abundant, as OPEC + (a group of oil producing countries) recently announced it will be boosting production again next month, following several other increases this year.”
Fuel Prices Around the State:
San Francisco: $4.70
Oakland: $4.58
San Jose: $4.53
Sacramento: $4.51
Fresno: $4.56
Stockton: $4.41
In Contra Costa County:
- Aug 8 – $4.58
- Aug 1 – $4.56
- July 25 – $4.53
- July 19: $4.55
- July 11: $4.58
- June 27: $4.73
- May 30: $4.94
- May 2 – $4.88
- April 3 – $5.08
- March 28 – $4.83
- March 6 – $4.91
- Feb 20 – $5.06
- Feb 7 – $4.59
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9.15 million b/d last week to 9.04. Total domestic gasoline supply decreased from 228.4 million barrels to 227.1. Gasoline production decreased last week, averaging 9.8 million barrels per day.
Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI fell 81 cents to settle at $64.35 a barrel. The EIA reports crude oil inventories decreased by 3 million barrels from the previous week. At 423.7 million barrels, U.S. crude oil inventories are about 6% 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 stayed the same this past week at 36 cents. In California, it’s 37 cents.
State Stats
Gas
The nation’s top 10 most expensive gasoline markets are California ($4.49), Hawaii ($4.46), Washington ($4.40), Oregon ($3.98), Alaska ($3.76), Nevada ($3.74), Idaho ($3.54), Illinois ($3.41), Utah ($3.38), and Washington, DC ($3.32).
The nation’s top 10 least expensive gasoline markets are Mississippi ($2.71), Texas ($2.75), Oklahoma ($2.76), Louisiana ($2.78), Tennessee ($2.80), Alabama ($2.80), Arkansas ($2.81), South Carolina ($2.83), Kansas ($2.86), and Missouri ($2.86).
Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Alaska (51 cents), Tennessee (46 cents), Hawaii (46 cents), South Carolina (44 cents), Montana (43 cents), New Hampshire (43 cents), Alabama (43 cents), Arkansas (42 cents), and Louisiana (42 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (25 cents), Missouri (27 cents), Maryland (28 cents), Utah (28 cents), Nebraska (29 cents), Delaware (32 cents), North Carolina (33 cents), Vermont (33 cents), Colorado (33 cents), and Washington, DC (33 cents).
Drivers can find current gas and electric charging prices along their route using the AAA Mobile App, now available on CarPlay.
Find current fuel prices at GasPrices.AAA.com. Find local news releases at mwg.aaa.com/news/press-release.
About AAA Mountain West Group
AAA Mountain West Group is a membership and full-service leisure travel organization, proudly serving over 6.7 million Members across Northern California, Arizona, Utah, Nevada, Montana, Wyoming, and Alaska. AAA delivers unmatched expertise and value through roadside assistance and electric vehicle (EV) resources, along with comprehensive auto repair, travel, insurance, financial, and home security services. Powered by 5,300 dedicated Team Members, AAA is on a mission to revolutionize solutions that help our Members.
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