WALNUT CREEK (January 23, 2025) — Despite easing oil costs and lackluster domestic gasoline demand, California pump prices rose three cents since last week, now averaging $4.44 per gallon. Meanwhile, today's national average per kilowatt hour of electricity at a public EV charging station remained at 34 cents, and at 36 cents in California.
“The likely culprit for the rise in prices is winter weather,” said Doug Johnson, AAA Northern California spokesperson. “It’s harder to distribute gasoline in bad weather, and refineries don’t operate well in freezing temperatures. Meanwhile, supply issues in the rest of the country will affect prices out west.”
According to new data from the Energy Information Administration (EIA), gasoline demand fell from 8.32 million b/d last week to an anemic 8.08. Meanwhile, total domestic gasoline stocks rose from 243.6 million barrels to 245.9, while gasoline production decreased last week, averaging 9.2 million barrels per day.
Today’s national average for a gallon of gas is $3.13, up nine cents from last month and five cents from last year.
Fuel Prices Around the State:
San Francisco: $4.60
Oakland: $4.48
San Jose: $4.44
Sacramento: $4.43
Fresno: $4.36
Stockton: $4.32
Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI fell 39 cents to settle at $75.44 a barrel. The EIA reports that crude oil inventories decreased by 1.0 million barrels from the previous week. At 411.7 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
Quick Gas and Electricity Stats
Gas
The nation’s top 10 most expensive gasoline markets are Hawaii ($4.54), California ($4.44), Washington ($3.93), Nevada ($3.66), Oregon ($3.54), Pennslyvania ($3.38), Maryland ($3.35), Alaska ($3.32), Illinois ($3.29), and Washington, DC ($3.28).
The nation's top 10 least expensive gasoline markets are Mississippi ($2.68), Oklahoma ($2.71), Texas ($2.74), Louisiana ($2.76), Arkansas ($2.77), Tennessee ($2.78), Kentucky ($2.78), Alabama ($2.81), Kansas ($2.81), and Missouri ($2.83).
Electric
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (22 cents), Nebraska (25 cents), Missouri (25 cents), Maryland (26 cents), Delaware (27 cents), Texas (28 cents), Utah (29 cents), Michigan (29 cents), North Dakota (30 cents), and Iowa (31 cents).
The nation’s top 10 most expensive states for public charging per kilowatt hour are Hawaii (53 cents), Montana (45 cents), West Virginia (45 cents), Idaho (42 cents), Tennessee (42 cents), Arkansas (42 cents), New Hampshire (42 cents), Kentucky (41 cents), South Carolina (41 cents) and Alaska (41 cents).
Drivers can find current gas and electric charging prices along their route using the AAA Mobile App, now available on Apple CarPlay.
About AAA Northern California
AAA Northern California is a membership and full-service leisure travel organization, proudly serving over 6.7 million Members across Northern California, Arizona, Utah, Nevada, Montana, Wyoming, and Alaska. AAA delivers unmatched expertise and value through roadside assistance and electric vehicle (EV) resources, along with comprehensive auto repair, travel, insurance, financial, and home security services. Powered by 5,300 dedicated Team Members, AAA is on a mission to revolutionize solutions that help our Members.###
“The likely culprit for the rise in prices is winter weather,” said Doug Johnson, AAA Northern California spokesperson. “It’s harder to distribute gasoline in bad weather, and refineries don’t operate well in freezing temperatures. Meanwhile, supply issues in the rest of the country will affect prices out west.”
According to new data from the Energy Information Administration (EIA), gasoline demand fell from 8.32 million b/d last week to an anemic 8.08. Meanwhile, total domestic gasoline stocks rose from 243.6 million barrels to 245.9, while gasoline production decreased last week, averaging 9.2 million barrels per day.
Today’s national average for a gallon of gas is $3.13, up nine cents from last month and five cents from last year.
Fuel Prices Around the State:
San Francisco: $4.60
Oakland: $4.48
San Jose: $4.44
Sacramento: $4.43
Fresno: $4.36
Stockton: $4.32
Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI fell 39 cents to settle at $75.44 a barrel. The EIA reports that crude oil inventories decreased by 1.0 million barrels from the previous week. At 411.7 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
Quick Gas and Electricity Stats
Gas
The nation’s top 10 most expensive gasoline markets are Hawaii ($4.54), California ($4.44), Washington ($3.93), Nevada ($3.66), Oregon ($3.54), Pennslyvania ($3.38), Maryland ($3.35), Alaska ($3.32), Illinois ($3.29), and Washington, DC ($3.28).
The nation's top 10 least expensive gasoline markets are Mississippi ($2.68), Oklahoma ($2.71), Texas ($2.74), Louisiana ($2.76), Arkansas ($2.77), Tennessee ($2.78), Kentucky ($2.78), Alabama ($2.81), Kansas ($2.81), and Missouri ($2.83).
Electric
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (22 cents), Nebraska (25 cents), Missouri (25 cents), Maryland (26 cents), Delaware (27 cents), Texas (28 cents), Utah (29 cents), Michigan (29 cents), North Dakota (30 cents), and Iowa (31 cents).
The nation’s top 10 most expensive states for public charging per kilowatt hour are Hawaii (53 cents), Montana (45 cents), West Virginia (45 cents), Idaho (42 cents), Tennessee (42 cents), Arkansas (42 cents), New Hampshire (42 cents), Kentucky (41 cents), South Carolina (41 cents) and Alaska (41 cents).
Drivers can find current gas and electric charging prices along their route using the AAA Mobile App, now available on Apple CarPlay.
About AAA Northern California
AAA Northern California is a membership and full-service leisure travel organization, proudly serving over 6.7 million Members across Northern California, Arizona, Utah, Nevada, Montana, Wyoming, and Alaska. AAA delivers unmatched expertise and value through roadside assistance and electric vehicle (EV) resources, along with comprehensive auto repair, travel, insurance, financial, and home security services. Powered by 5,300 dedicated Team Members, AAA is on a mission to revolutionize solutions that help our Members.###