(July 18, 2017) At $2.25, the national gas price average is one cent cheaper than a week ago, five cents less than a month ago and four cents more than a year ago, according to weekly statistics by AAA. Nationwide, last week did not see record demand, but was close to all-time high levels and continues to keep pace with summer 2016 levels.
According to the Energy Information Administration (EIA), gasoline stocks dropped 1.6 million barrels on the week. That figure brings national levels to 235.7 million barrels, which is approximately 4 million barrels below this time last year.