(July 21, 2020) The national gas price average held steady on the week at $2.19 as one-third of states saw gas prices decrease and only 10 states saw gas prices increase by two to four cents. State averages saw minimal fluctuation as demand roughly held steady over the last four weeks.

“During the last month, demand has averaged about 8.6 million barrels a day while, gasoline stocks have steadily declined,” said Jeanette Casselano, AAA spokesperson. “Week by week, we are seeing mostly regional fluctuation at the pump based on gasoline supply and demand.”

At 8.6 million barrels a day, the Energy Information Administration (EIA) measures demand at a 1% decrease week-over-week, 9% increase month-over-month and a 6% decrease year-over-year. Meanwhile, gasoline stocks measure at a 1% weekly decline, a 3% decrease month-over-month, but a 7% increase compared to last year.

Quick Stats

    •    The nation’s top 10 largest changes: Indiana (-6 cents), Michigan (-6 cents), Ohio (-6 cents), New Mexico (+4 cents), Kentucky (-4 cents), South Dakota (+3 cents), Texas (+3 cents), North Carolina (-3 cents), Wisconsin (-3 cents) and Washington (+2 cents).

    •    The nation’s top 10 least expensive markets: Mississippi ($1.83), Louisiana ($1.86), Arkansas ($1.88), Alabama ($1.89), Oklahoma ($1.91), Texas ($1.91), South Carolina ($1.92), Missouri ($1.92), Tennessee ($1.93) and Kansas ($1.98).