USA AAA Gas Prices filed

AAA Gas Prices: Week of March 5th

Thu, Mar 5, 2026 · 12:00 PM ET Source Next release · Nov 5, 12:00 PM ET

The U.S. national average gasoline price rose +$0.268 WoW to $3.251 but remained +$0.144 YoY higher, reflecting a sharp weekly increase linked to rising crude oil prices and seasonal spring demand.

  • The national average gasoline price increased to $3.251 per gallon from $2.983 last week (+$0.268 WoW) and from $2.891 a month ago, indicating a strong recent upward move in retail fuel prices.

  • Gasoline prices were slightly higher than $3.107 a year ago (+$0.144 YoY), placing the current national average roughly in line with levels seen in early April 2025.

  • The weekly increase is one of the largest since March 2022 at the start of the Russia–Ukraine conflict, with the latest jump occurring as crude oil prices moved into the mid-$70 per barrel range amid geopolitical tensions in the Middle East.

  • Gasoline demand declined to 8.29M bpd from 8.73M bpd the previous week, indicating softer consumption despite the sharp increase in pump prices.

  • Domestic gasoline inventories fell to 253.1M barrels from 254.8M barrels while production increased to 9.3M bpd, reflecting lower stockpiles alongside higher refinery output.

  • WTI crude oil settled at $74.66 per barrel (+$0.10 on the day), while crude inventories increased +3.5M barrels to 439.3M barrels, leaving inventories about 3% below the five-year average for this time of year.

  • The national average cost of electricity at public EV charging stations held steady at $0.39 per kWh, indicating no change in charging costs.

  • Gasoline price levels varied widely across states, with the most expensive markets led by California ($4.81), Washington ($4.44), and Hawaii ($4.43), while the lowest prices were in Oklahoma ($2.79), Mississippi ($2.81), and Kansas ($2.83).