GasBuddy Weekly Gas Prices: Week of November 3rd

U.S. gasoline prices fell -1.4¢ WoW to $2.99/gal and are -14.8¢ MoM and -6.6¢ YoY, hovering near $3 as crude stays rangebound.
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Diesel rose +2.5¢ WoW to $3.663/gal, indicating mild upward pressure on freight fuel costs.
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WTI eased to $60.95/bbl and Brent to $64.73/bbl, with markets balancing new Russia sanctions against OPEC’s one-month December increase and a pause for January–March.
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EIA reported crude inventories -6.9M bbl WoW to 416.0M (about 6% below the 5-year average), with gasoline -5.9M bbl and distillates -3.4M bbl, signaling tighter product stocks.
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Refinery utilization fell -2.0 ppts to 86.6%, while implied gasoline demand rose +470k bpd to 8.924M bpd, pointing to firmer end-user consumption despite lower runs.
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The most common gas price was $2.99/gal, followed by clusters at $2.89, $2.79, $2.69, and $2.59; the median price was $2.89/gal, about 10¢ below the national average.
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State ranges remained wide: lowest averages in Oklahoma and Texas ($2.48) and Louisiana ($2.53); highest in California ($4.61), Hawaii ($4.43), and Washington ($4.23).
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Biggest weekly gas moves: Indiana -13.3¢, Texas -10.0¢, Michigan -9.8¢, Washington -9.0¢, Iowa -8.8¢, reflecting regional refinery issues and wholesale volatility.
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For diesel, the median was $3.59/gal and the most common $3.69/gal; state lows were Texas ($3.15), Louisiana ($3.23), Mississippi ($3.24) and highs were Hawaii ($5.21), California ($5.10), Washington ($4.94).