(April 26, 2024) With domestic gasoline demand decidedly in the doldrums and the cost of oil retreating, the national average dipped two cents since last week to $3.65.

“Domestic gas demand is pretty pokey at the moment, which is often the case in the run-up to Memorial Day and the traditional start of summer driving season,” said Andrew Gross, AAA spokesperson. “The recent national average price of  $3.67 could be the peak until hurricane season is well underway. But as always, the wildcard will be the cost of oil, so stay tuned.”

According to new data from the Energy Information Administration (EIA), gas demand fell from 8.66 to 8.42 million barrels a day last week. Meanwhile, total domestic gasoline stocks decreased by .6 million bbl to 226.7 million barrels. Lower demand and a drop in oil prices could push pump prices lower.

Today’s national average is $3.65, 12 cents more than a month ago and the same as a year ago.

Quick Stats

The nation’s top 10 least expensive markets: Mississippi ($3.09), Colorado ($3.13), Louisiana ($3.15), Oklahoma ($3.16), Arkansas ($3.21),  New Mexico ($3.23), Kansas ($3.23), Alabama ($3.25), Texas ($3.25), and Tennessee ($3.27). 

The nation’s top 10 most expensive markets: California ($5.40), Hawaii ($4.80), Washington ($4.65), Nevada ($4.59), Oregon ($4.43), Alaska ($4.37), Arizona ($4.09), Utah ($3.97), Idaho ($3.93), and Illinois ($3.91).