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MTS Insights

USA AAA Gas Prices

Data Energy
Source
AAA
Source Link
https://gasprices.aaa.com/
Frequency
Weekly
Next Release(s)
January 29th, 2026 12:00 PM

Latest Updates

  • U.S. gasoline prices held near $2.85/gal in mid-January, reflecting seasonally weak winter demand.

    • The national average gasoline price was $2.850/gal, slightly above $2.844 one week ago (+$0.006 WoW) and just below $2.855 one month ago (-$0.005 MoM), indicating largely stable pump prices.

    • Versus one year ago, gasoline prices were down -$0.279 from $3.129/gal, showing continued easing in retail fuel costs on a YoY basis.

    • Gasoline demand fell from 8.30M bpd to 7.83M bpd WoW, consistent with the report’s point that demand is typically lowest this time of year.

    • Total domestic gasoline supply increased from 251M bbl to 257M bbl, suggesting looser near-term availability even as demand softened.

    • Gasoline production declined to 8.8M bpd, indicating lower output alongside the increase in inventories/supply.

    • WTI settled at $60.62/bbl (+$0.26 on the day), while U.S. crude inventories rose +3.6M bbl WoW to 426.0M bbl and remained ~2% below the five-year average, indicating crude stocks are still slightly tight versus seasonal norms.

    • The national average public EV charging cost was unchanged at $0.38/kWh, showing stability in public charging prices.

    • Gasoline price dispersion remained wide across states, with Hawaii ($4.41) and California ($4.20) among the highest and Oklahoma ($2.38) and Arkansas ($2.42) among the lowest.