National gas price average holds steady

(March 12, 2018) At $2.53, the national gas price average has held steady for nine days. Factors contributing to the flat price include increased gasoline production that has kept pace with higher than usual demand this winter. The latest Energy Information Administration (EIA) report shows that demand increased week-over-week, registering at 9.2 barrels a day — the highest gasoline demand level seen this year.

“On the week, the majority of motorists are paying less at the pump with 67 percent However, the West Coast, Great Lakes and Central states are mostly seeing a gas price increase.”

Today’s national average is a nickel less than last month, but 13 cents more than one year ago.

Quick Stats

    The largest weekly changes are: Michigan (+6 cents), Kentucky (-5 cents), Florida (-4 cents), Ohio (+4 cents), Indiana (+3 cents), California (+3 cents) and New Mexico (+3 cents), Louisiana (-3 cents), Georgia (-3 cents) and Utah (-3 cents).

    The nation’s top 10 least expensive markets are: Alabama ($2.26), South Carolina ($2.26), Mississippi ($2.26), Texas ($2.27), Missouri ($2.28), Arkansas ($2.28), Tennessee ($2.30), Louisiana ($2.31), Kentucky ($2.32) and Oklahoma ($2.32).