Home Local NewsNational Average Gas Price Holds Steady at $3.15 to Start October

National Average Gas Price Holds Steady at $3.15 to Start October

by KQKInews
1 minutes read

WASHINGTON, D.C. – The national average for a gallon of regular gasoline remains unchanged this week at $3.15, reflecting stable market conditions as the month of October begins.

Seasonal factors are contributing to the steady pricing trend. Demand for gasoline has eased, while fuel retailers continue the transition to winter-blend gasoline, which is less costly to produce. At the same time, global crude oil supply remains strong. OPEC+, the coalition of oil-producing countries, is expected to announce an additional production increase for November, adding further stability to the market.

This surplus, coupled with reduced demand, is offsetting anticipated short-term disruptions from scheduled seasonal maintenance at several U.S. refineries.

National Gas Price Averages:

Today: $3.159

One Week Ago: $3.157

One Month Ago: $3.186

One Year Ago: $3.196

For consumers, the combination of ample supply and lower demand signals continued price stability at the pump heading into the fall season.

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