WASHINGTON, D.C. (October 10, 2024)—The national average for a gallon of gas increased two cents to $3.21 since last week as large areas of the country dealt with severe back-to-back storm damage. The price is 5 cents lower than a month ago and down 47 cents from a year ago.
Like Hurricane Helene, Milton will not severely impact national gasoline supplies but will affect demand in areas with destroyed infrastructure, flooded roads, and power outages.
Overseas, the tension between Iran and Israel continues, which is causing a slow wobbling in the price of oil but no steady upward movement.
“All this terrible weather lately could cause regional prices to rise as drivers flock to the few open stations with gas,” said Andrew Gross, AAA spokesperson. “But as roads are cleared and power is restored, stations will be able to be re-supplied, so any upward pressure on prices should be fleeting.”
According to new data from the Energy Information Administration (EIA), gas demand surged from 8.52 million b/d last week to 9.65. Meanwhile, total domestic gasoline stocks plunged from 221.2 million barrels to 214.9, while gasoline production increased last week, averaging 10.2 million barrels daily.
Quick Gas and Electricity Statistics
Gasoline
The nation’s top 10 most expensive gasoline markets are California ($4.67), Hawaii ($4.59), Washington ($4.05), Nevada ($3.91), Oregon ($3.67), Alaska ($3.65), Illinois ($3.50), Utah ($3.50), Idaho ($3.44), and Pennsylvania ($3.38).
The nation’s top 10 least expensive gasoline markets are Georgia ($2.72), Mississippi ($2.75), Texas ($2.80), Arkansas ($2.81), Oklahoma ($2.81), Louisiana ($2.83), Missouri ($2.84), Kansas ($2.84), Alabama ($2.86), and Tennessee ($2.86).
Electricity
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (22 cents), Missouri (24 cents), Delaware (26 cents), Nebraska (28 cents), Texas (29 cents), Vermont (30 cents), Michigan (30 cents,) Utah (30 cents), Wisconsin (30 cents), and North Dakota (30 cents).
The nation’s top 10 most expensive states for public charging per kilowatt hour are Hawaii (55 cents), West Virginia (45 cents), Montana (43 cents), Arkansas (42 cents), Idaho (42 cents), New Hampshire (42 cents), South Carolina (42 cents), Kentucky (41 cents), South Dakota (41 cents), and Alaska (41 cents).
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We just returned to Denver today from a trip through SW CO and northern AZ and NM, with a weekend in Las Vegas to visit our son. In NV, we paid 30¢/gallon less for diesel fuel than the price for regular unleaded. In Williams, AZ, we paid $3.15/gallon for diesel at a Maverick station, the cheapest fuel that we saw on our entire month-long trip.
Profiteering from greedy fuel companies.
You got it…100%…their biggest lie ” we don’t manipulate fuel prices”…yet they have been caught numerous times doing just that.
Name them.
Thank you, RV Travel! 🙂 Interesting differences across states. Have a great day and safe travels! 🙂
Not all gas stations in Pa are expensive. We got gas near hometown a week and half ago for $2.99. One station in Scranton, Pa was also$2.99. Price of gas is all over the place. Which I don’t understand other than greed.
Not only will gas and diesel be affected after the hurricane one two punch but wait to see how they’ll affect insurance rates for auto and homes, and the cost of building materials at Home Depot, Lowe’s and similar retailers.
If you notice the most expensive fuel cost states are democratic run which means fuel taxes are higher and $$$ received by those taxes go to a lot more than highway improvements.
If you will notice, red states can’t pay their own way and rely on the “gubmnt” to give them $$ collected from the blue states. Socialism!
As a sidenote to the article, due to the hurricanes, Georgia Govenor Kemp has suspended the fuel tax (29 cents on gasoline and 33 cents on diesel).
At this time, no end date has been announced.
The closest stations to me charge .45 cents a gallon more for diesel than the next town over. Pure greed.