Gas demand at record highs for April as pump prices continue to rise

(April 25, 2018) The Energy Information Administration’s (EIA) latest data registers consumer gasoline demand at 9.857 million barrels per day. That is the highest level ever on record for April and exceeds typical summer demand measurements. As demand skyrockets, gas prices increased across the country on the week with five states seeing double-digit jumps. The national average ticked up a nickel to $2.76.

“Pump prices are causing sticker shock across the country,” said Jeanette Casselano, AAA spokesperson. “Gas is selling at $2.26 or more at every gas station in America. More so, 13 percent of stations have pump prices set at $3 or more.”

West Coast states primarily have the most expensive gas price averages ($3+). However, on the east coast, Pennsylvania ($2.97) is inching closer to that same threshold.

Today’s national gas price average ($2.76) is 17-cents more expensive than last month and 34-cents more expensive that last year at this time.

Quick Stats

    The nation’s top 10 states with the largest weekly increases are: Florida (+11 cents), Rhode Island (+11 cents), Connecticut (+10 cents), New Jersey (+10 cents), Michigan (+10 cents), Ohio (+10 cents), Utah (+8 cents), Massachusetts (+8 cents), New Hampshire (+8 cents) and New York (+7 cents).

    The nation’s top 10 most expensive markets are: Hawaii ($3.59), California ($3.58), Washington ($3.25), Alaska ($3.23), Nevada ($3.18), Oregon ($3.16), Idaho ($3.05), Utah ($3.02), Pennsylvania ($2.97) and Connecticut ($2.89).