Increase in gas demand pushes state averages more expensive



(November 17, 2020) Motorists are paying more to fill up than last Monday in nearly 30 states with the vast majority paying just a few pennies more. On the week, South Carolina (+8 cents) saw the largest increase followed by these states who each had a six cent increase: Michigan, New Mexico, Indiana, Delaware, and Minnesota.


With the majority of states seeing increases, the national gas price average pushed a penny more expensive. The overall weekly increases seen across the country are likely a reaction to the latest Energy Information Administration’s report showing increased demand (from 8.3 million b/d to 8.7 million barrels a day) while supply dwindled by 2.3 million barrels.

“Following a jump in demand, we’ve seen a number of state gas price averages increase on the week. However, the majority of these increases were just a few pennies,” said Jeanette Casselano McGee, AAA spokesperson. “With many states seeing rising COVID-19 case numbers and a number of officials warning against holiday travel, demand is likely to see a dip in coming weeks.”

Despite the weekly increase, gas prices remain cheap both compared to last month (-5 cents) and last year (-48 cents).

Quick stats

    •    The nation’s top 10 largest weekly changes: Ohio (-9 cents), South Carolina (+8 cents), Michigan (+6 cents), New Mexico (+6 cents), Delaware (+6 cents), Minnesota (+6 cents), Indiana (-6 cents), Kentucky (+5 cents), Georgia (+5 cents) and Washington, D.C. (+4 cents).

    •    The nation’s top 10 least expensive markets: Missouri ($1.76), Mississippi ($1.80), Oklahoma ($1.80), Texas ($1.80), Arkansas ($1.82), Louisiana ($1.84), Alabama ($1.86), Tennessee ($1.86), Kansas ($1.87) and South Carolina ($1.89).