Gas prices stabilize as Hurricane Helene impacts demand

Banking & Financial Services
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Marshall L. Doney President and CEO | AAA, FL

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The national average for a gallon of gas fluctuated slightly before stabilizing at $3.22, the same price as a week ago. Recent declines in pump prices have been interrupted by the rapid intensification of Hurricane Helene. In contrast, the average cost of public EV charging remained unchanged.

“Hurricane Helene will likely impact gasoline demand, but not supply,” said Andrew Gross, AAA spokesperson. “The storm is missing the Gulf’s oil production and refining centers as it lumbers through the Southeast. But power outages, structural damage, and road flooding will hinder people from fueling up for a few days. So any impact on the national average will probably be fleeting.”

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