WALNUT CREEK (January 16, 2025) — Oil costs hovering around $80 a barrel pushed the national average for a gallon of gas four cents higher since last week to $3.10.
Meanwhile, today's national average per kilowatt hour of electricity at a public EV charging station remained at 34 cents. California gas prices rose three cents since last week to $4.41 per gallon. Prices have risen nine cents in the last month, but are still 14 cents cheaper than January 2024.
The most expensive gas in California is $5.58 in Mono County and the cheapest is $4.11 in Tehama County. Today’s national average for a gallon of gas is $3.10, eight cents more than a month ago and three cents more than a year ago.
According to new data from the Energy Information Administration (EIA), gasoline demand fell from 8.48 million b/d last week to 8.32. Meanwhile, total domestic gasoline stocks rose from 237.7 million barrels to 243.6, while gasoline production popped last week, averaging 9.3 million barrels daily.
Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI rose $2.54 to settle at $80.04 a barrel. The EIA reports that crude oil inventories decreased by 2.0 million barrels from the previous week. At 412.7 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 ($4.41), Washington ($3.90), Nevada ($3.66), Oregon ($3.50), Pennsylvania ($3.32), Alaska ($3.31), Illinois ($3.25), Washington, DC ($3.23), and Florida ($3.22).The nation's top 10 least expensive gasoline markets are Mississippi ($2.66), Texas ($2.68), Oklahoma ($2.70), Arkansas ($2.71), Louisiana ($2.76), Kentucky ($2.76), Kansas ($2.77), Alabama ($2.79), Missouri ($2.79), and Kentucky ($2.77).
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), Delaware (27 cents), Texas (28 cents), Maryland (28 cents), Utah (29 cents), North Dakota (29 cents), Michigan (30 cents) and Iowa (30 cents).The nation’s top 10 most expensive states for public charging per kilowatt hour are Hawaii (51 cents), Montana (45 cents), West Virginia (45 cents), Idaho (42 cents), New Hampshire (42 cents), Kentucky (42 cents), Arkansas (42 cents), Tennessee (42 cents), Louisiana (41 cents), and South Carolina (41 cents).
Drivers can find current gas and electric charging prices along their route using the AAA Mobile App.
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.###
Meanwhile, today's national average per kilowatt hour of electricity at a public EV charging station remained at 34 cents. California gas prices rose three cents since last week to $4.41 per gallon. Prices have risen nine cents in the last month, but are still 14 cents cheaper than January 2024.
The most expensive gas in California is $5.58 in Mono County and the cheapest is $4.11 in Tehama County. Today’s national average for a gallon of gas is $3.10, eight cents more than a month ago and three cents more than a year ago.
According to new data from the Energy Information Administration (EIA), gasoline demand fell from 8.48 million b/d last week to 8.32. Meanwhile, total domestic gasoline stocks rose from 237.7 million barrels to 243.6, while gasoline production popped last week, averaging 9.3 million barrels daily.
Oil Market Dynamics
At the close of Wednesday’s formal trading session, WTI rose $2.54 to settle at $80.04 a barrel. The EIA reports that crude oil inventories decreased by 2.0 million barrels from the previous week. At 412.7 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 ($4.41), Washington ($3.90), Nevada ($3.66), Oregon ($3.50), Pennsylvania ($3.32), Alaska ($3.31), Illinois ($3.25), Washington, DC ($3.23), and Florida ($3.22).The nation's top 10 least expensive gasoline markets are Mississippi ($2.66), Texas ($2.68), Oklahoma ($2.70), Arkansas ($2.71), Louisiana ($2.76), Kentucky ($2.76), Kansas ($2.77), Alabama ($2.79), Missouri ($2.79), and Kentucky ($2.77).
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), Delaware (27 cents), Texas (28 cents), Maryland (28 cents), Utah (29 cents), North Dakota (29 cents), Michigan (30 cents) and Iowa (30 cents).The nation’s top 10 most expensive states for public charging per kilowatt hour are Hawaii (51 cents), Montana (45 cents), West Virginia (45 cents), Idaho (42 cents), New Hampshire (42 cents), Kentucky (42 cents), Arkansas (42 cents), Tennessee (42 cents), Louisiana (41 cents), and South Carolina (41 cents).
Drivers can find current gas and electric charging prices along their route using the AAA Mobile App.
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.###
