National gas-price average just short of $2 a gallon

(June 3, 2020)  The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase. However, demand is still down nearly 25% compared to last year, according to the Energy Information Administration’s (EIA) latest reports, according to AAA's weekly analysis

“Americans are slowly but steadily returning to driving, causing gas prices to increase across the country,” said Jeanette Casselano, AAA spokesperson. “The good news is gas is still cheap. Motorists can fill-up for $2/gallon or less at 70% of gas stations across the country.”

Today’s national average is 20 cents more than a month ago, but 85 cents less than a year ago.

Quick stats

    •    The nation’s top 10 largest weekly increases are: Alaska (+12 cents), Colorado (+12 cents), Idaho (+8 cents), Utah (+7 cents), New Mexico (+7 cents), South Dakota (+6 cents), Montana (+6 cents), Nevada (+5 cents), Washington, D.C. (+4 cents) and Wyoming (+4 cents).

    •    The nation’s top 10 least expensive markets are: Mississippi ($1.58), Alabama ($1.64), Louisiana ($1.64), Arkansas ($1.64), Texas ($1.65), Missouri ($1.65), Oklahoma ($1.65), South Carolina ($1.67), Kansas ($1.68) and Tennessee ($1.71).