The national average price for a gallon of regular petrol rose more than 10 cents last week and, according to AAA, reached USD 3.26. This marks the first time since September that the prices of this level have reached, which reflects the typical seasonal layers. Despite the increase, prices remain below the national average of the last year of USD 3.54 for the same period.
AAA involves the increase in several factors, including the ongoing refinery expectancy and the transition to more expensive petrol with summer panels. A month ago, the national average was $ 3.09.
Offer and demand trends
Data from the energy induction administration (EIA) show a decline in the gasoline requirement of 8.64 million barrels per day to 8.49 million barrels per day last week. In the same period, the total petrol supply of 239.1 million barrels dropped to 237.6 million barrels. However, gasoline production rose an average of 9.3 million barrels per day.
The crude oil from West Texas Intermediate (WTI) at the end of the formal trading session on Wednesday increased by 51 cents and was set to $ 71.71 per barrel. The RRP reported an increase in crude oil supplies by 6.2 million barrels last week and brought a total of 439.8 million barrels. Despite the increase, the inventory for this season is still about 4% below the five -year average.
EV charging costs keep constant
For owners of electric vehicles, the national average costs per kilowatt hour of electricity at public EV charging stations remained unchanged compared to the previous week at 34 cents.
State-by-state price comparisons
California is still the most expensive petrol market with an average price of $ 4.91 per gallon, followed by Hawaii (4.52 USD), Washington ($ 4.30), Nevada (USD 3.99) and Oregon (USD 3.93). Alaska (3.53 USD), Illinois (3.52 USD), Arizona (3.42 USD), Idaho (USD 3.38) and Pennsylvania ($ 3,37) are rounded off.
The cheapest markets for petrol are Mississippi (USD 2.74), Tennessee (USD 2.80), Oklahoma (USD 2.81), Louisiana (USD 2.82) and Alabama (USD 2.85). Texas, Arkansas and Kansas (2.87 USD each), South Carolina (USD 2.87) and Kentucky ($ 2.89) are also among the lowest.
With regard to the EV edition, Hawaii continues to lead with the highest average costs at 56 cents per kilowatt hour, followed by West Virginia (46 cents), Montana (44 cent), Tennessee (42 cents) and South Carolina (42 cents). Other inexpensive states are Idaho, Alaska, Kentucky, Louisiana and New Hampshire, all of which are between 40 and 42 cents.
The states with the lowest EV charging rates are Kansas (22 cents), Missouri (25 cents), Iowa and North Dakota (26 cents each) as well as Nebraska and Delaware (27 cents each). Texas, Washington, DC, Utah and Maryland all report an average of 30 cents per kilowatt hour.