Gasoline prices fall nationwide, but electric vehicle charging fees remain stable – Clarksville Online

Washington, DC – The national average price for a gallon of gasoline fell six cents since last week, to $3.38, reaching a price last seen on March 6. The national average price for Tier 2 commercial electricity, meanwhile, has remained stable for a month.

“The war clouds overseas are less dark right now and the Atlantic is also calm now, which is easing pressure on oil prices,” said Andrew Gross, spokesman for AAA. “More and more retail locations east of the Rockies are selling gasoline for under $3.00 a gallon. Will this trend continue through the end of the year? Stay tuned.”

Because an estimated 1.2 million AAA members live in households with one or more electric vehicles, AAA lists the cost per kilowatt-hour for Level 2 (L2) commercial charging by state.

The nationwide average price for one kilowatt hour of electricity at a commercial level L2 charging station is currently 34 cents.

According to new data from the Energy Information Administration (EIA), gas demand rose to 9.19 last week from 9.04 million barrels per day. Meanwhile, total domestic gasoline inventories fell to 220.6 million barrels from 222.2 million barrels, but gasoline production rose, averaging 9.8 million barrels per day. Weak gasoline demand, stable supply and low oil prices could lead to further price declines at the pump.

The national average price for a gallon of gasoline today is $3.38, 12 cents less than a month ago and 47 cents less than a year ago.

Dynamics of the oil market

At the close of the official trading session on Wednesday, the WTI price fell by $1.24 to settle at $71.93 per barrel. The EIA reports that crude oil inventories fell by 4.6 million barrels compared to the previous week. At 426.0 million barrels, US crude oil inventories are about 5% below the five-year average for this time of year.

Fast gas and electricity statistics

gas

The 10 most expensive gasoline markets in the country are Hawaii ($4.65), California ($4.59), Washington ($4.19), Nevada ($3.95), Oregon ($3.83), Alaska ($3.75), Illinois ($3.73), Washington, DC ($3.64), Idaho ($3.58) and Utah ($3.57).

The top ten cheapest gasoline markets in the country are Mississippi ($2.93), Oklahoma ($2.98), Tennessee ($2.99), Texas ($3.00), Louisiana ($3.03), South Carolina ($3.03), Alabama ($3.04), Arkansas ($3.07), Kansas ($3.10) and Missouri ($3.11).