Drivers across the U.S. are seeing relief at the pump as summer kicks off, with the national average for gas dropping to $3.16 per gallon\u2014about 3 cents less than a week ago, according to AAA.<\/p>\n
Fuel prices are now back to where they were a month ago and well below last year\u2019s average of $3.57 per gallon. The dip comes as crude oil prices hover around $61.84 per barrel, far below previous highs.<\/p>\n
“Drivers are reaping the benefits at the pump,” AAA said in its latest fuel price update released Thursday.<\/p>\n
However, AAA warns that the Atlantic hurricane season could change things. NOAA forecasts a 60% chance of an above-normal season, and storms along the Gulf Coast could disrupt refinery operations and fuel delivery, leading to temporary spikes in prices.<\/p>\n
Gasoline demand rose significantly last week, jumping from 8.64 million barrels per day (b\/d) to 9.45 million, while total gasoline supply fell from 225.5 million barrels to 223.1 million. Gasoline production averaged 9.8 million b\/d.<\/p>\n
Crude oil inventories also dropped by 2.8 million barrels, putting U.S. reserves about 6% below the five-year average for this time of year.<\/p>\n
Electric vehicle drivers are seeing stable costs. The national average for public EV charging remains at 36 cents per kilowatt hour.<\/p>\n
Most expensive gas markets:<\/strong><\/p>\n California: $4.81<\/p>\n<\/li>\n Hawaii: $4.48<\/p>\n<\/li>\n Washington: $4.42<\/p>\n<\/li>\n Oregon: $4.02<\/p>\n<\/li>\n Nevada: $3.90<\/p>\n<\/li>\n Alaska: $3.66<\/p>\n<\/li>\n Illinois: $3.39<\/p>\n<\/li>\n Idaho: $3.34<\/p>\n<\/li>\n Arizona: $3.33<\/p>\n<\/li>\n Utah: $3.31<\/p>\n<\/li>\n<\/ul>\n Least expensive gas markets:<\/strong><\/p>\n Mississippi: $2.65<\/p>\n<\/li>\n Louisiana: $2.72<\/p>\n<\/li>\n Tennessee: $2.72<\/p>\n<\/li>\n Alabama: $2.74<\/p>\n<\/li>\n Texas: $2.75<\/p>\n<\/li>\n Arkansas: $2.80<\/p>\n<\/li>\n South Carolina: $2.82<\/p>\n<\/li>\n North Carolina: $2.84<\/p>\n<\/li>\n Missouri: $2.86<\/p>\n<\/li>\n Kentucky: $2.88<\/p>\n<\/li>\n<\/ul>\n Most expensive for public EV charging (per kWh):<\/strong><\/p>\n Alaska: 51\u00a2<\/p>\n<\/li>\n West Virginia: 49\u00a2<\/p>\n<\/li>\n Tennessee: 48\u00a2<\/p>\n<\/li>\n Hawaii: 46\u00a2<\/p>\n<\/li>\n Montana: 45\u00a2<\/p>\n<\/li>\n Louisiana: 44\u00a2<\/p>\n<\/li>\n New Hampshire, South Carolina, Arkansas, Kentucky: 42\u00a2<\/p>\n<\/li>\n<\/ul>\n Least expensive for public EV charging (per kWh):<\/strong><\/p>\n Kansas: 25\u00a2<\/p>\n<\/li>\n Missouri: 27\u00a2<\/p>\n<\/li>\n Maryland: 28\u00a2<\/p>\n<\/li>\n Delaware: 29\u00a2<\/p>\n<\/li>\n Nebraska, Utah: 30\u00a2<\/p>\n<\/li>\n Iowa: 32\u00a2<\/p>\n<\/li>\n Massachusetts, New Mexico, D.C.: 33\u00a2<\/p>\n<\/li>\n<\/ul>\n This article, “Gas Prices Stay Low Heading into Summer, But Hurricanes Could Change That<\/a>” was first published on Small Business Trends<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Drivers across the U.S. are seeing relief at the pump […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-334","post","type-post","status-publish","format-standard","hentry","category-business-ideas"],"_links":{"self":[{"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/posts\/334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/comments?post=334"}],"version-history":[{"count":1,"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/posts\/334\/revisions"}],"predecessor-version":[{"id":335,"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/posts\/334\/revisions\/335"}],"wp:attachment":[{"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/media?parent=334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/categories?post=334"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hamanship.com\/index.php\/wp-json\/wp\/v2\/tags?post=334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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State EV Charging Rankings:<\/h3>\n
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