Pump prices climb as gasoline demand hits weekly record

(August 8, 2017) Today’s national average price for regular unleaded gasoline across the country is $2.35 per gallon, three cents more than last week, nine cents more than one month ago, and 23 cents more than at the same time last year, according to weekly statistics provided by AAA.

The latest Energy Information Administration (EIA) report shows gasoline demand reached a new weekly record of 9.842 million barrels a day.

The 2017 demand average over the past four-weeks is about one percent ahead of the same four-week period last year. With summer demand running full steam ahead, drivers can expect prices to continue rising.

Quick Stats

The nation’s top 10 least expensive markets are: South Carolina ($2.09), Mississippi ($2.09), Alabama ($2.10), Arkansas ($2.11), Oklahoma ($2.13), Tennessee ($2.14), Virginia ($2.15), Louisiana ($2.16), Missouri ($2.17) and Texas ($2.17).

The nation’s top 10 markets with the largest weekly change include: Missouri $2.17 (+9 cents), Iowa $2.31 (+8 cents), Indiana $2.30 (-8 cents), Nebraska $2.32 (+7 cents), North Dakota $2.31 (+7 cents), Texas $2.17 (+7 cents), South Carolina $2.09 (+7 cents), Alabama $2.10 (+7 cents), Michigan $2.41 (-7 cents) and Ohio $2.25 (-7 cents).