A Steady Week for California Gas Prices Ahead of Thanksgiving

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WALNUT CREEK, Calif. – California gas prices are falling again after a brief spike at the pump. The statewide average for a gallon of regular gasoline dropped a penny since last week to $4.68. The current price is 19 cents higher than this time last year.

Nationwide gas prices did not budge. The national average for a gallon of regular remains $3.08. Currently, drivers are paying the same as this time last year, when the national average was also $3.08.

“Gas prices have remained relatively quiet this month thanks to an abundance of crude oil,” said Doug Johnson, spokesperson, AAA Mountain West Group. “As we prepare to enter the busy Thanksgiving travel period, pump prices are expected to remain where they are now or drop lower.”

Fuel Prices Around the State: 

San Francisco: $4.63
Oakland: $4.55
San Jose: $4.49
Sacramento: $4.49
Fresno: $4.51
Stockton: $4.37

Contra Costa County

Nov 14: $4.57
Nov 7: $4.60
Oct 31: $4.59
Oct 23: $4.62
Oct 17: $4.67
Oct. 3: $4.61
Sept. 26: $4.63
Sept. 12 – $4.66
Aug 15 – $4.57
Aug 8 – $4.58
July 25 – $4.53
June 27: $4.73
June 6: $4.83
May 23: $5.02
April 3 – $5.08
March 28 – $4.83
March 6 – $4.91
Feb 20 – $5.06
Feb 7 – $4.59

Regular
Mid-Grade
Premium
Diesel

Current Avg.
$4.670
$4.923
$5.098
$5.175

Yesterday Avg.
$4.681
$4.933
$5.105
$5.173

Week Ago Avg.
$4.698
$4.951
$5.127
$5.158

Month Ago Avg.
$4.657
$4.894
$5.076
$5.143

Year Ago Avg.
$4.480
$4.701
$4.876
$4.899

According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.87 million b/d last week to 9.02 million. Total domestic gasoline supply decreased from 206 million barrels to 205.1 million. Gasoline production increased last week, averaging 9.9 million barrels per day.

Oil Market Dynamics

At the close of Wednesday’s formal trading session, WTI fell $2.55 to settle at $58.49 a barrel. The EIA reports crude oil inventories increased by 6.4 million barrels from the previous week. At 427.6 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year.

EV Charging

The national average per kilowatt hour of electricity at a public EV charging station went up by 1 cent this past week to 38 cents. In California, the cost per kilowatt hour is 42 cents.

State Stats

Gas

The nation’s top 10 most expensive gasoline markets are California ($4.68), Hawaii ($4.45), Washington ($4.19), Nevada ($3.92), Oregon ($3.79), Alaska ($3.78), Arizona ($3.36), Idaho ($3.32), Pennsylvania ($3.29), and Illinois ($3.26).

The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.55), Mississippi ($2.62), Arkansas ($2.64), Texas ($2.65), Louisiana ($2.65), Tennessee ($2.68), Missouri ($2.71), Alabama ($2.73), Kansas ($2.73), and Iowa ($2.74).

Electric

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (53 cents), Alaska (48 cents), Hawaii (48 cents), South Carolina (44 cents), Louisiana (44 cents), New Jersey (43 cents), New Hampshire (43 cents), Alabama (42 cents), Tennessee (42 cents), and California (42 cents).

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (26 cents), Missouri (28 cents), Nebraska (29 cents), Utah (30 cents), Vermont (31 cents), Wyoming (31 cents), Iowa (32 cents), Maryland (32 cents), Delaware (33 cents), and New Mexico (34 cents).

Drivers can find current gas and electric charging prices along their route using the AAA Mobile App, now available on CarPlay.

Find current fuel prices at GasPrices.AAA.com. Find local news releases at mwg.aaa.com/news/press-release.

About AAA Mountain West Group
AAA Mountain West Group is a membership and full-service leisure travel organization, proudly serving over 6.8 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.

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