National Average Falls 6 Cents, But Crude Oil Nears $100/Barrel
AAA Newsroom ·
WASHINGTON, DC (October 22, 2026) – The national average for a gallon of regular gasoline fell 6 cents in the last week to $4.27. The drop is fueled by the transition to winter-blend gasoline which is cheaper to produce and costs less for consumers. But high crude oil prices are preventing steep declines at the ... Continue Reading
WASHINGTON, DC (October 22, 2026) – The national average for a gallon of regular gasoline fell 6 cents in the last week to $4.27. The drop is fueled by the transition to winter-blend gasoline which is cheaper to produce and costs less for consumers. But high crude oil prices are preventing steep declines at the pump. Currently, the price for a barrel of crude oil is nearing $100 per barrel amid instability in the Strait of Hormuz. This month is poised to set a record as the most expensive October ever for gas prices following similar records set in August and September of this year.
The national average per kilowatt hour of electricity at a public EV charging statio n stayed the same this past week at 4 1 cents.
For the complete fuel report, including the latest EIA data, state gas and EV charging price trends, and oil market dynamics, please visit AAA Fuel Site .