The U.S. national average gas price fell -5.3 cents to $3.057 per gallon as of October 16, 2025, marking the first time in four years it has approached the $3 level amid weaker demand, lower crude prices, and cheaper winter-blend fuel.

• Gas prices declined from $3.110 a week ago and $3.186 a month ago, down -14.6 cents MoM and -14.6 cents YoY, reflecting steady downward momentum in retail fuel costs.

• Gasoline demand fell to 8.45M bpd (from 8.91M bpd), while total gasoline supply edged down slightly to 218.8M bbl, indicating softer consumption heading into the winter season.

• Gasoline production averaged 9.4M bpd, down from the prior week, consistent with reduced refining activity.

• WTI crude settled at $58.27/bbl (-$0.43 WoW), with inventories rising +3.5M bbl to 423.8M bbl, about 4% below the 5-year average for this time of year.

• The national average electricity price at public EV charging stations held steady at $0.36/kWh.

• The most expensive gasoline markets were California ($4.64) and Hawaii ($4.48), while the cheapest were Oklahoma ($2.56) and Arkansas ($2.63).

• EV charging costs ranged from $0.53/kWh in West Virginia to $0.26/kWh in Kansas, showing wide regional variation in electricity pricing.