Gasoline pump prices remain at record highs for the autumn season, even as the national average dropped 5 cents to $4.36. This marks the first year the national average has been above $4 per gallon during the month of October.
Crude oil prices have returned to above $90 per barrel after dipping into the $80 per barrel range for several days. At the close of the formal trading session on Wednesday, October 8, 2026, WTI fell $1.16 to settle at $88.28 per barrel. Additionally, the Energy Information Administration (EIA) reported that U.S. crude oil inventories decreased 3.2 million barrels to 424.1 million barrels, which is 1% above the five-year average.
According to data from the EIA, gasoline demand increased last week from 8.68 million barrels per day to 8.76 million barrels per day. Total domestic gasoline supply rose slightly from 204.4 million to 204.7 million barrels, while gasoline production decreased from 9.46 million to 9.34 million barrels per day. Hurricane Isaias is noted as a factor that could affect prices if it impacts oil production or refineries in the region.
Utah ranks as the eighth most expensive state for gasoline, with prices at $4.89 per gallon. Other high-cost markets include California at $6.34, Hawaii at $5.63, Washington at $5.46, Nevada at $5.45, Alaska at $5.02, Oregon at $5.02, Idaho at $4.92, and Arizona at $4.71. Conversely, the least expensive markets include Ohio at $3.71, Indiana at $3.72, Georgia at $3.84, Texas at $3.87, Mississippi at $3.94, Louisiana at $3.94, Tennessee at $3.97, Alabama at $3.98, Arkansas at $3.99, and Missouri at $4.03.
The national average for public EV charging per kilowatt hour decreased by one cent last week to 41 cents. For electricity, Utah ranks among the least expensive states for public charging at 35 cents per kilowatt hour, alongside South Dakota, Vermont, and Minnesota.
