Pump prices are falling, but plug-in prices remain the same

WASHINGTON, DC (August 22, 2024) – The national average price for a gallon of gasoline has fallen six cents since last week, to $3.38, and last reached a price on March 6. The national average for Tier L2 commercial electricity, meanwhile, has remained stable for a month.

“The war clouds overseas are less dark right now, and the Atlantic is also calm now, easing pressure on oil prices,” said Andrew Gross, spokesman for AAA. “More and more retail locations east of the Rockies are selling gasoline for under $3 a gallon. Will this trend continue through the end of the year? Stay tuned.”

Because an estimated 1.2 million AAA members live in households with one or more electric vehicles, AAA lists the cost per kilowatt-hour for Level 2 (L2) commercial charging by state.

The nationwide average price for one kilowatt hour of electricity at a commercial level L2 charging station is currently 34 cents.

The full report with the latest EIA data, gas and electricity price trends and oil market dynamics can be found at