The U.S. national average gasoline price increased from $2.891 one week ago to $2.944 (+$0.053 WoW) and from $2.796 one month ago, indicating a gradual upward trend into mid-February.

• Compared with $3.149 one year ago, pump prices are -$0.205 YoY lower, showing fuel costs remain below last year’s levels despite the recent uptick.

• Gasoline demand rose from 8.15M bpd to 8.30M bpd WoW, suggesting a modest rebound in driving activity ahead of the holiday weekend.

• Total domestic gasoline supply increased from 257.9M bbl to 259.1M bbl, pointing to a build in inventories alongside higher demand.

• Gasoline production averaged 9.1M bpd last week, up from prior levels, indicating stronger refinery output.

• WTI crude settled at $64.63/bbl (+$0.67 on the day), while U.S. crude inventories increased +8.5M bbl to 428.8M bbl, remaining about 3% below the five-year average.

• The national average public EV charging price held steady at $0.38/kWh, showing no change in electricity fueling costs.