LAS VEGAS (KSNV) — As fall officially begins, drivers across the nation are seeing a slight relief at the pump with the introduction of winter-blend gasoline, which is cheaper to produce.
The national average for a gallon of regular gasoline has decreased by five cents since last week, now standing at $3.15. In Nevada, the average price is $3.90, marking a two-cent drop from the previous week. Las Vegas drivers are paying an average of $3.93, while those in Reno face $4.10 per gallon.
Despite the drop in prices, the Atlantic hurricane season remains a concern, with potential storm activity in the Gulf posing a threat to refineries in the area over the next two months.
In the oil market, West Texas Intermediate (WTI) crude rose $1.58 to settle at $64.99 a barrel at the close of Wednesday’s trading session.
The Energy Information Administration (EIA) reports a decrease in crude oil inventories by 0.6 million barrels from the previous week, with U.S. crude oil inventories now about 4% below the five-year average for this time of year.
California leads the nation with the most expensive gasoline at $4.64 per gallon, while Oklahoma offers the cheapest at $2.66.
For electric vehicle owners, Alaska tops the list for the most expensive public charging at 51 cents per kilowatt hour, whereas Kansas offers the least expensive rate at 25 cents.
Drivers can track current gas and electric charging prices using the AAA Mobile App, available on CarPlay, or by visiting GasPrices.AAA.com.