WALNUT CREEK, Calif. – Stability is the name of the game to start October with the national average for a gallon of regular the same as it was one week ago at $3.15. This is the season for lower gas prices as demand drops and gas stations make the switch to winter-blend gasoline which is cheaper to produce.
California gas prices remain the same as last week at an average of $4.64. That’s three cents cheaper than last year when Californians paid an average of $4.67 per gallon.
“Crude oil supply remains strong, and OPEC+ (a group of oil-producing countries) is likely to announce another production increase in the near future,” said Doug Johnson, spokesperson, AAA Mountain West Group. “That surplus and lower autumn demand for fuel is keeping prices down even as some U.S. refineries go offline for seasonal maintenance.”
Fuel Prices Around the State:
- San Francisco: $4.74
- Oakland: $4.65
- San Jose: $4.58
- Sacramento: $4.58
- Fresno: $4.60
- Stockton: $4.50
Contra Costa County
- Oct. 3: $4.61
- Sept. 26: $4.63
- Sept. 19: $4.64
- Sept. 12 – $4.66
- Aug 28 – $4.62
- Aug 22 – $4.58
- Aug 15 – $4.57
- Aug 8 – $4.58
- Aug 1 – $4.56
- July 25 – $4.53
- July 19: $4.55
- July 11: $4.58
- June 27: $4.73
- June 6: $4.83
- May 30: $4.94
- May 23: $5.02
- 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 8.95 million b/d last week to 8.51 million. Total domestic gasoline supply increased from 216.6 million barrels to 220.7 million. Gasoline production decreased last week, averaging 9.3 million barrels per day.
Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI fell 59 cents to settle at $61.78 a barrel. The EIA reports crude oil inventories increased by 1.8 million barrels from the previous week. At 416.5 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 stayed the same this past week at 36 cents. In California, it’s 38 cents.
State Stats
Gas
The nation’s top 10 most expensive gasoline markets are California ($4.64), Washington ($4.53), Hawaii ($4.49), Oregon ($4.17), Nevada ($3.90), Alaska ($3.87), Arizona ($3.54), Idaho ($3.49), Utah ($3.39), and Illinois ($3.34).
The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.65), Mississippi ($2.70), Louisiana ($2.74), Texas ($2.75), Arkansas ($2.75), Tennessee ($2.78), Alabama ($2.79), Missouri ($2.81), Wisconsin ($2.81), and South Carolina ($2.81).
Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are Alaska (51 cents), West Virginia (47 cents), Hawaii (46 cents), South Carolina (45 cents), New Hampshire (43 cents), Tennessee (43 cents), Arkansas (43 cents), Alabama (43 cents), Montana (42 cents), and Louisiana (42 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (26 cents), Maryland (28 cents), Missouri (28 cents), Nebraska (28 cents), Utah (28 cents), Delaware (31 cents), Vermont (32 cents), North Carolina (32 cents), Colorado (33 cents), and Iowa (34 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.
Previous
- Sept. 26 – AAA: Fall Brings Falling Gas Prices
- Sept. 19 – AAA: Woes at the Pump for West Coast Drivers
- Sept. 12 – California Gas Prices Trend Up as Seasonal Shift Begins
- Aug 29 – AAA: Midwest Refinery Flooding Causes Jump at the Pump
- Aug 22 – AAA: How Low Will Gas Prices Go?
