Pump prices continue to fall, though the decline has slowed, with a reduction of just two cents to $3.36 over the past week. The slight increase in gas demand may be attributed to end-of-summer travel. Additionally, a developing storm system in the Atlantic could impact gas prices.

Meanwhile, the national average for L2 commercial electricity remained unchanged.

"Since today, 8/29, is my birthday, my wish is that this potential tropical storm fizzles quickly," said Andrew Gross, AAA spokesperson. "And the arrival of September means cheaper winter-blend gasoline is almost here, which always helps take pressure off pump prices."