Gas prices up by 3 cents; EV charging remains steady

Gas prices up by 3 cents; EV charging remains steady

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

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Drivers are experiencing a rise in gas prices as Spring Break continues. Since last Thursday, the national average for a gallon of gasoline has increased by 3 cents, reaching $3.15. This period typically sees a climb in gas prices, which usually peak during summer. However, the current national average remains roughly 40 cents lower than the previous year. This decrease is attributed to tepid gasoline demand and weak crude oil prices.

Meanwhile, the national average cost per kilowatt hour for electricity at public EV charging stations has remained unchanged at 34 cents over the past week.

The full report, which includes the latest data from the Energy Information Administration (EIA), gas and EV charging price trends, along with oil market dynamics, is available at the following website: https://gasprices.aaa.com/spring-spike-gas-prices-making-seasonal-climb/

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