Gasoline prices rise, EV charging costs hold steady amid seasonal trends

Gasoline prices rise, EV charging costs hold steady amid seasonal trends

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

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Gasoline prices have experienced a noticeable rise in the past week. According to recent data, the national average for a gallon of regular gas increased by over 10 cents, reaching $3.26. Analysts suggest that the surge in prices is influenced by several factors, including refinery maintenance and the seasonal transition to summer-blend gasoline. The last occurrence of the national average reaching $3.26 was last September, corresponding with regular seasonal changes. Despite the recent rise, current gasoline prices remain below the figures recorded at this time last year.

In contrast, the cost of electricity for public electric vehicle charging stations remains stable. The national average per kilowatt hour continues to be 34 cents, showing no change from the previous week.

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