GasBuddy Weekly Gas Prices: Week of February 23rd

Mon, Feb 23, 2026 · 9:00 AM ET Source Next release · Nov 9, 9:00 AM ET

The U.S. average gasoline price rose +1.2c WoW and is -19.5c YoY at $2.88/gal, indicating modest weekly increases below year-ago levels.

  • Diesel prices increased +6.2c WoW to $3.686/gal, showing stronger upward movement than gasoline during the week.

  • The national gasoline average is +2.8c versus one month ago, reflecting gradual recent firming in retail prices.

  • WTI crude rose to $66.85/bbl (from $62.98 prior week) and Brent to $72.08 (from $67.84), highlighting higher oil prices amid geopolitical risk premiums.

  • U.S. crude inventories fell -9.0M bbl and remain ~5% below seasonal averages, while gasoline stocks fell -3.2M bbl (~3% above average) and distillates fell -4.6M bbl (~5% below average), indicating tighter crude and distillate balances.

  • Refinery utilization increased +1.6 ppt to 91.0% and implied gasoline demand rose +448k bpd to 8.749M bpd, pointing to stronger consumption alongside higher operating rates.

  • Median gasoline price was $2.75/gal and most common $2.69, with top 10% at $4.36 and bottom 10% at $2.29, underscoring wide regional dispersion in prices.