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US national gas price average decreased 1 cent to US$3.44 in week ended Aug. 15, and was 8 cents lower month-over-month; gas demand increased from 8.96 to 9.04 million b/d, total domestic gasoline stocks fell to 222.2 million bbl: AAA

August 16, 2024 (press release) –

The national average for a gallon of gas hit $3.44, falling by just a penny since last week. Meanwhile, the national and state averages for L2 commercial electricity remained the same as the previous two weeks.

“Summer is wrapping up soon, and so far, gas prices have barely wobbled,” said Andrew Gross, AAA spokesperson. “But we still have a long way to go with hurricane season, so it’s too soon to declare that pump prices have started their usual Autumn swoon.”

With an estimated 1.2 million AAA members living in households with one or more electric vehicles, AAA lists the kilowatt-per-hour cost for Level 2 (L2) commercial charging by state.

Today’s national average for a kilowatt of electricity at an L2 commercial charging station is 34 cents.

For the complete report, including the latest EIA data, gas and electric price trends, and oil market dynamics, please visit: https://gasprices.aaa.com/electricity-remains-parked-while-pump-prices-dip/

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