Drivers are feeling the slower pace of summer at the pump as gas prices remain steady. The national average for a gallon of regular is back at $3.16 after dropping a couple of cents this past week. The summer of lower gas prices continues thanks to crude oil prices averaging around $65 a barrel. Pump prices so far in 2025 haven’t had any major spikes or dips compared to other recent years.
- Thursday, July 24’s National Average: $3.162
- One Week Ago: $3.160
- One Month Ago: $3.224
- One Year Ago: $3.512
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.48 million b/d last week to 8.96. Total domestic gasoline supply increased from 232.9 million barrels to 231.1. Gasoline production increased last week, averaging 9.4 million barrels per day.
Oil Market Dynamics
At the close of Wednesday, July23’s formal trading session, WTI fell 6 cents to settle at $65.25 a barrel. The EIA reports crude oil inventories decreased by 3.2 million barrels from the previous week. At 419 million barrels, U.S. crude oil inventories are about 9% below 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 stayed the same this past week at 36 cents.
State Stats
Gas
The nation’s top 10 most expensive gasoline markets are California ($4.48), Hawaii ($4.46), Washington ($4.38), Oregon ($3.98), Alaska ($3.76), Nevada ($3.72), Idaho ($3.48), Illinois ($3.40), Utah ($3.37) and Washington, D.C. ($3.33).
The nation’s top 10 least expensive gasoline markets are Mississippi ($2.70), Louisiana ($2.77), Oklahoma ($2.77), Texas ($2.78), Alabama ($2.78), Tennessee ($2.80), Arkansas ($2.82), South Carolina ($2.84), Kansas ($2.85) and Missouri ($2.86).
Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Alaska (51 cents), Hawaii (46 cents), Tennessee (46 cents), Montana (45 cents), South Carolina (44 cents), Alabama (43 cents), New Hampshire (43 cents), Wisconsin (42 cents) and Louisiana (42 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (25 cents), Missouri (27 cents), Maryland (28 cents), Utah (28 cents), Nebraska (29 cents), Delaware (32 cents), Colorado (33 cents), Vermont (33 cents), North Carolina (33 cents) and Washington, D.C. (33 cents).
