Energy Information Administration (EIA) data released last week showed gasoline demand might be crawling out of a post-July Fourth slump.
The agency reported demand rose by 185,000 barrels a day over the prior week to 9.15 million barrels a day – a figure roughly in-line with seasonal expectations, but still 100,000 barrels a day below the comparable week last year.
The EIA also reported a decline in domestic gasoline stocks last week, which reached a two-month low. The largest declines were seen here in the Northeast, where regional supplies fell by 1.8 million barrels to 57.9 million barrels. Despite the drawdowns, Northeast supplies are still considered to be at comfortable levels and sit above the 56.2 million barrels that were in storage this time last year.
“After demand for gasoline fell short of expectations in the weeks following July Fourth, recent readings are much more summerlike,” said Mark Schieldrop, senior spokesperson for AAA Northeast. “The stronger demand, coupled with tighter supply, has put some upward pressure on pump prices.”
AAA Northeast’s Aug. 8 survey of fuel prices found the current national average the same as last week ($3.15), averaging $3.15 per gallon. The national average price is a penny higher than a month ago ($3.14) and 30 cents lower than this day last year ($3.45).
| Region | Current Price* | One Week Ago | One Month Ago | One Year Ago |
| Massachusetts | $3.07 | $3.05 | $3.06 | $3.44 |
| Rhode Island | $3.04 | $3.03 | $3.02 | $3.38 |
| Connecticut | $3.12 | $3.11 | $3.15 | $3.44 |
| New York | $3.17 | $3.16 | $3.19 | $3.58 |
| New Jersey | $3.07 | $3.07 | $3.10 | $3.32 |
*Prices as of Aug. 8, 2025
As of Aug. 8, Mississippi and Texas have the lowest prices in the nation at $2.71 and $2.73, respectively. California and Hawaii hold the highest prices in the nation this week at $4.49 and $4.46 respectively.
The AAA Gas Prices website is your resource for up-to-date fuel price information. Search for average gas prices on national, state and metro levels by regular, plus, premium and diesel.
