Gas Stations NAICS 457120

Oct 26, 2025 - Pump Prices Remain Low

• Flat demand for motor fuel this fall is keeping a lid on pump prices, according to the latest AAA data. The national average for a gallon of regular rose to $3.07 the week of October 19, compared to $3.15 a year ago. Even though the national average has yet to reach the $3 mark, drivers are paying less than they were this time last year, and that trend should continue into the colder months ahead, per AAA's forecast. According to new data from the Energy Information Administration, gasoline demand remained flat at 8.45 million barrels per day, while the total domestic gasoline supply decreased from 218.8 million barrels to 216.7 million. California is the nation’s most expensive gas market ($4.60 per gallon). Mississippi and Texas are tied for the cheapest ($2.61).
• An expected above-average Atlantic hurricane season raises the risk of weather-related supply disruptions and higher prices at the pump, the US Energy Information Administration said in May. High winds and flooding from hurricanes can damage offshore oil platforms or refineries concentrated along the Gulf Coast in Texas and Louisiana. That concentration means more than 1 million barrels per day of US refining capacity – roughly 5% of daily domestic petroleum consumption – is likely to be shut in anticipation of a major storm, per the EIA. Hurricane experts at Colorado State University are predicting a 70% storm chance and 44% hurricane chance this year for Texas, and 74% storm chance and 46% hurricane chance for Louisiana. Five hurricanes made landfall in the US in 2024, knocking out millions of barrels of oil and gas output and disrupting fuel supply in Florida, the agency said.

• President Trump has moved to pull the plug on the National Electric Vehicle Infrastructure program (NEVI), his predecessor’s initiative to build a nationwide network of EV charging stations, Politico reports. In February, Trump instructed states not to spend federal funds previously allocated to them under the program. In a letter to state transportation directors, the Federal Highway Administration said that it was scrapping guidance issued in 2023 implementing the NEVI program. However, the letter says states will be able to receive reimbursements for “existing obligations” to design and build stations "in order to not disrupt current financial commitments.” Whether Trump can choose not to spend funds allocated by congress is likely to face legal challenges. Still, the administration’s move to block future EV charging station construction and, more broadly, Trump’s pro-fossil-fuel policies, brighten the outlook for suppliers of traditional motor fuels.
• Producer prices for gasoline stations fell 1.1% in August compared to a year ago after jumping 13.3% year over year in July, according to the latest US Bureau of Labor Statistics data. Employment by gas stations continued to decline, down 2.1% YoY in July, while average industry wages rose 2.9% over the same period to $18.60 per hour, $0.10 short of their record high in January of this year, BLS data show. In August, the average price for regular motor gasoline was $3.13 per gallon; up 0.3% from July 2025 and down 7.6% from August 2024, according to the BLS. Crude oil prices have risen slightly, as gas demand has also risen, but not enough to drive up prices at the pump.