The national average price for a gallon of regular gasoline experienced minimal changes recently, increasing slightly to $3.18, according to reports from Washington, D.C. This period usually witnesses seasonal price hikes alongside increased demand, yet the price of crude oil has been decreasing due to a mix of economic concerns and OPEC+'s decision to amplify oil production despite lackluster demand. Consequently, lower oil prices result in reduced costs at the pump for drivers. The current national average is nearly 50 cents lower than it was a year ago.
On a related note, the national average cost per kilowatt-hour at public EV charging stations remained static at 34 cents per kWh over the past week.