JUNEAU – The average for a gallon of regular gasoline in Alaska stayed at $4.83, the same it was last week. Meanwhile the national average is up 3 cents from last week at $4.10, which marks the highest it’s ever been on this date. This August is shaping up to be the highest on record. So far, the monthly average is $4.06, currently surpassing 2022 when the monthly average for August was $3.97.

“Even though gasoline demand is down, which is typical for this time of year, crude oil is pushing up the national average,” said Doug Johnson, spokesperson for AAA Mountain West Group. “Crude oil prices remain in the $80 per barrel range amid continued instability in the Strait of Hormuz.”

Fuel Prices Around the State:

Anchorage: $4.77

Fairbanks: $4.72

Juneau: $4.75

According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 8.96 million barrels per day to 8.68 million. Total domestic gasoline supply increased from 208.7 million barrels to 209.4 million. Gasoline production also increased last week, averaging 9.7 million barrels per day.

At the close of Wednesday’s formal trading session, WTI rose 89 cents to settle at $85.83 a barrel. The EIA reports that crude oil inventories increased by 4.4 million barrels from the previous week. At 428.8 million barrels, U.S. crude oil inventories are matching the five-year average for this time of year.

EV Charging

The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 42 cents. In Alaska, the average per kilowatt hour of electricity is 45 cents.

State Stats

Gas

The nation’s top 10 most expensive gasoline markets are California ($5.58), Hawaii ($5.42), Washington ($5.24), Alaska ($4.83), Nevada ($4.77), Oregon ($4.75), Idaho ($4.49), Colorado ($4.47), Arizona ($4.46), and Illinois ($4.39).

The nation’s top 10 least expensive gasoline markets are Indiana ($3.56), Texas ($3.64), Tennessee ($3.66), Mississippi ($3.66), South Carolina ($3.68), Louisiana ($3.68), Kentucky ($3.70), Alabama ($3.74), North Carolina ($3.76), and Arkansas ($3.80).

Electric

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Hawaii (51 cents), California (47 cents), Louisiana (47 cents), New Hampshire (47 cents), New Jersey (45 cents), Illinois (45 cents), Alaska (45 cents), Arkansas (45 cents), and North Dakota (44 cents).

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (31 cents), Missouri (32 cents), Iowa (33 cents), Utah (34 cents), Maryland (34 cents), South Dakota (35 cents), Nebraska (36 cents), Vermont (36 cents), Minnesota (37 cents), and New Mexico (38 cents).

Drivers can find current gas and electric charging prices along their route using the AAA Mobile App, now available on CarPlay. Find current fuel prices at GasPrices.AAA.com.

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