{"id":422,"date":"2025-03-06T16:42:28","date_gmt":"2025-03-06T17:42:28","guid":{"rendered":"http:\/\/www.hudsonpcrepair.com\/?p=422"},"modified":"2025-03-08T16:17:19","modified_gmt":"2025-03-08T16:17:19","slug":"gas-prices-hold-steady-as-oil-costs-decline","status":"publish","type":"post","link":"http:\/\/www.hudsonpcrepair.com\/index.php\/2025\/03\/06\/gas-prices-hold-steady-as-oil-costs-decline\/","title":{"rendered":"Gas Prices Hold Steady as Oil Costs Decline"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\">The national average for a gallon of gasoline has declined slightly, dropping one cent from last week to $3.11, according to AAA. The decrease is attributed in part to lower crude oil prices, though market fluctuations and the seasonal transition to summer-grade gasoline may impact prices at the pump in the coming weeks.<\/p>\n<p>AAA also noted that the national average per kilowatt hour of electricity at public EV charging stations remained unchanged at 34 cents.<\/p>\n<h3>Fuel Supply and Demand Trends<\/h3>\n<p>According to the latest data from the Energy Information Administration (EIA), gasoline demand rose from 8.45 million barrels per day (b\/d) last week to 8.87 million b\/d. Total domestic gasoline supply declined from 248.3 million barrels to 246.8 million barrels. Meanwhile, gasoline production increased, averaging 9.6 million barrels per day.<\/p>\n<p>As of today, the national average for a gallon of gasoline is $3.11, reflecting a decrease of two cents from a month ago and a decline of 27 cents compared to this time last year.<\/p>\n<h3>Oil Market Update<\/h3>\n<p>At the close of Wednesday\u2019s formal trading session, West Texas Intermediate (WTI) crude oil dropped $1.95, settling at $66.31 per barrel. The EIA reported a 3.6 million-barrel increase in crude oil inventories from the previous week, bringing total U.S. crude oil inventories to 433.8 million barrels\u2014approximately 4% below the five-year average for this time of year.<\/p>\n<h3>Gasoline and Electricity Price Rankings<\/h3>\n<h4>Most Expensive Gas Markets:<\/h4>\n<ul data-spread=\"false\">\n<li>California: $4.74<\/li>\n<li>Hawaii: $4.54<\/li>\n<li>Washington: $4.11<\/li>\n<li>Nevada: $3.79<\/li>\n<li>Oregon: $3.73<\/li>\n<li>Alaska: $3.43<\/li>\n<li>Arizona: $3.38<\/li>\n<li>Pennsylvania: $3.28<\/li>\n<li>Illinois: $3.21<\/li>\n<li>Washington, DC: $3.21<\/li>\n<\/ul>\n<h4>Least Expensive Gas Markets:<\/h4>\n<ul data-spread=\"false\">\n<li>Mississippi: $2.64<\/li>\n<li>Kentucky: $2.69<\/li>\n<li>South Carolina: $2.70<\/li>\n<li>Tennessee: $2.71<\/li>\n<li>Louisiana: $2.71<\/li>\n<li>Texas: $2.73<\/li>\n<li>Alabama: $2.74<\/li>\n<li>Oklahoma: $2.76<\/li>\n<li>North Carolina: $2.76<\/li>\n<li>Arkansas: $2.77<\/li>\n<\/ul>\n<h3>Electricity Costs at Public Charging Stations<\/h3>\n<h4>Most Expensive States for Public EV Charging (per kWh):<\/h4>\n<ul data-spread=\"false\">\n<li>Hawaii: 56 cents<\/li>\n<li>West Virginia: 47 cents<\/li>\n<li>Montana: 45 cents<\/li>\n<li>Idaho: 42 cents<\/li>\n<li>Tennessee: 42 cents<\/li>\n<li>Arkansas: 42 cents<\/li>\n<li>New Hampshire: 42 cents<\/li>\n<li>South Carolina: 42 cents<\/li>\n<li>Kentucky: 41 cents<\/li>\n<li>Alaska: 41 cents<\/li>\n<\/ul>\n<h4>Least Expensive States for Public EV Charging (per kWh):<\/h4>\n<ul data-spread=\"false\">\n<li>Kansas: 22 cents<\/li>\n<li>Maryland: 25 cents<\/li>\n<li>Missouri: 25 cents<\/li>\n<li>Nebraska: 26 cents<\/li>\n<li>Delaware: 29 cents<\/li>\n<li>Iowa: 29 cents<\/li>\n<li>Michigan: 29 cents<\/li>\n<li>Utah: 29 cents<\/li>\n<li>Texas: 30 cents<\/li>\n<li>North Dakota: 31 cents<\/li>\n<\/ul>\n<p>With fluctuations in oil prices and the seasonal transition to summer-grade gasoline, fuel costs may vary in the coming weeks.<\/p>\n<p>This article, &#8220;<a href=\"https:\/\/smallbiztrends.com\/aaa-gas-prices-march-6-2025\/\">Gas Prices Hold Steady as Oil Costs Decline<\/a>&#8221; was first published on <a href=\"https:\/\/smallbiztrends.com\">Small Business Trends<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The national average for a gallon of gasoline has declined slightly, dropping one cent from&#8230;<\/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-422","post","type-post","status-publish","format-standard","hentry","category-business-ideas"],"_links":{"self":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts\/422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/comments?post=422"}],"version-history":[{"count":1,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts\/422\/revisions"}],"predecessor-version":[{"id":423,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/posts\/422\/revisions\/423"}],"wp:attachment":[{"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/media?parent=422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/categories?post=422"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.hudsonpcrepair.com\/index.php\/wp-json\/wp\/v2\/tags?post=422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}