Gas prices rise again, up 25 cents a gallon on average

The cost of RVing and any other activity that involves operating a motor vehicle got more expensive this past week. The national average retail price for regular gasoline rose 25 cents a gallon for the second consecutive week, to $4.55.

Pump prices are now $1.40 higher than they were a year ago and have reached their highest level since 2022, when the national average peaked at $5.01 per gallon. California prices were the highest at $6.16.

While crude oil prices dipped below $100 per barrel amid ongoing negotiations to reopen the Strait of Hormuz, gasoline prices continue to face upward pressure from global supply concerns.

• Today’s National Average: $4.558
• One Week Ago: $4.300
• One Month Ago: $4.140
• One Year Ago: $3.154

Gas price chart for May 7, 2026

According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 9.10 million b/d to 8.81 million. Total domestic gasoline supply decreased from 222.3 million barrels to 219.8 million. Gasoline production decreased last week, averaging 9.6 million barrels per day.

Oil market dynamics

At the close of Wednesday’s formal trading session, WTI fell $7.19 to settle at $95.08 a barrel. The EIA reports crude oil inventories decreased by 2.3 million barrels from the previous week. At 457.2 million barrels, U.S. crude oil inventories are about 1% above the five-year average for this time of year

EV charging

The national average per kilowatt hour of electricity at a public EV charging station remained the same, at 41 cents.

State stats

Gasoline 
The nation’s top 10 most expensive gasoline markets are California ($6.16), Washington ($5.76), Hawaii ($5.66), Oregon ($5.34), Nevada ($5.23), Alaska ($5.21), Illinois ($4.99), Arizona ($4.84), Ohio ($4.78), and Michigan ($4.78).

The nation’s top 10 least expensive gasoline markets are Oklahoma ($3.98), Mississippi ($4.00), Louisiana ($4.02), Arkansas ($4.02), Nebraska ($4.08), Texas ($4.09), Georgia ($4.09), Alabama ($4.10), Kansas ($4.11), and Missouri ($4.16).

Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (53 cents), Hawaii (51 cents), Alaska (50 cents), New Hampshire (47 cents), Louisiana (47 cents), California (46 cents), South Carolina (46 cents), New Jersey (45 cents), Arkansas (44 cents), and Illinois (44 cents).

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (29 cents), Missouri (31 cents), Utah (33 cents), Maryland (33 cents), Nebraska (33 cents), Iowa (34 cents), South Dakota (34 cents), Vermont (35 cents), New Mexico (37 cents), and Delaware (37 cents).

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13 Comments

Cancelproof
1 month ago

And yet….even with the elimination of the world’s greatest terror threat and 20% of the world’s daily crude oil supply, it is still lower than May/June of 2022.
😎🍻

Dave R
1 month ago
Reply to  Cancelproof

Your point? Lower than Putin’s war time? Higher than most of last president’s time. No reduction in terror threat…in fact it has only increased it over the next decade for revenge. There was no threat. There was no nuke. All a distraction.

Cancelproof
1 month ago
Reply to  Dave R

Now that you put it that way, I see your point. The 980 kg of 60% enriched uranium that the IRGC had was really not an issue and every terrorist organization should really have that… or maybe more. I mean, what could really go wrong? The thousand dead Americans over the last 47 years by a govt that says “Death to America” as part of the daily prayer…. just bluster, they would never really kill Americans…. well, except for the first thousand I mentioned…. your right again. I feel better for being enlightened by your thoughtful comment.
😎✌️

Gary W.
1 month ago
Reply to  Cancelproof

😂😎 Gas is still under $4.00 here in Texas. I’ll pay it to neuter the Islamic Nat-sees. Their oil wells should start collapsing soon.

Cancelproof
1 month ago
Reply to  Gary W.

In order to protect oil well viability, they may just pump oil directly into the gulf versus shutting in. They may already be doing it but that’s one way to get the greenies on board with what needs to happen, possibly.
😎🤙

Bill Byerly
1 month ago

🤐

Cancelproof
1 month ago
Reply to  Bill Byerly

📣😮

Bill Byerly
1 month ago
Reply to  Cancelproof

Didn’t come across like I thought

Last edited 1 month ago by Bill Byerly
Cancelproof
1 month ago
Reply to  Bill Byerly

LOL. I understood it. 💯

Last edited 1 month ago by Cancelproof
Fishing Dave
1 month ago

A refinery in IN had to shut down temporarily, creating tight supplies in the Midwest states. Supplies are coming back on line and prices are dropping again. Obviously the US needs to build some new refineries, one to process the Canadian oil coming from Alberta. (Perhaps Alberta will become an independent nation?) Build that refinery in North Dakota where the Baken oil fields are.

JDKeets
1 month ago

As we swiftly approach the first summer holiday weekend, I’d be curious to see changing prices and demand. Usually both increase. Thus, maybe the $6.35 9/10 per gallon I paid with cash will be considered a bargain compared to the price gouging that starts at Memorial Day. Alas, I traveled a lot in 2025, I think 2026 is a chill-out year for me. Just sit around and gander at reptiles.

Uncle Swags
1 month ago

The cost to keep the world safe and eliminate Islamic terrorism. And the cost to undo Obama and Biden’s anti American policies. Have the moms start carpooling and everyone drive 10 mph slower.

Pammy
1 month ago
Reply to  Uncle Swags

I’ve heard it all now!