Pump prices surge as gasoline demand rises



(January 24, 2023) WASHINGTON, D.C.  — Drivers appear to be taking advantage of the recent milder weather in much of the nation by fueling up and hitting the road. The increase in gasoline demand and slightly more expensive oil pushed the national average for a gallon of gas higher by 12 cents since last week to $3.42.


“The recent rising temperatures led to rising pump prices,” said Andrew Gross, AAA spokesperson, “And with the cost of oil hitting $80 a barrel, there is a lot of upward pressure on gas prices at the moment.”

According to data from the Energy Information Administration, gas demand rose from 7.56 million to 8.05 million barrels a day last week. Meanwhile, total domestic gasoline stocks increased by 3.5 million barrels a day to 230.3 million barrels. If demand remains robust, drivers will likely see pump prices rise through the week.

Today’s national average of $3.42 is 33 cents more than a month ago and ten cents more than a year ago.

Quick stats

The nation’s top 10 largest weekly increases: Colorado (+31 cents), Delaware (+28 cents), West Virginia (+22 cents), Ohio (+22 cents), Maryland (+19 cents), Missouri (+19 cents), Georgia (+18 cents), Virginia (+18 cents), Tennessee (+18 cents) and Louisiana (+18 cents).

The nation’s top 10 most expensive markets: Hawaii ($4.94), California ($4.44), Washington ($4.06), Nevada ($3.95), Alaska ($3.72), Oregon ($3.71), Pennsylvania ($3.70), Colorado ($3.65), Washington, D.C. ($3.62) and Illinois ($3.56).