Little Relief for Drivers as National Average Dips then Rises Again

Washington, D.C.–After five straight days of declines earlier this week, the national average is once again on its way back up. Today’s national average is a couple cents lower than last week, but with crude oil prices hovering in the $100/barrel range, pump prices remain elevated. The graph below shows the national average at the same range as it was in 2022, the year gas prices hit record highs. Travelers are preparing to hit the road in record numbers next week, and drivers will be facing the highest Memorial Day gas prices in four years. 

The national average per kilowatt hour of electricity at a public EV charging station remained the same this past week at 41 cents. 

For the complete fuel report, including the latest EIA data, state gas and EV charging price trends, and oil market dynamics, please visit AAA Fuel Site.