Weekly Gasoline Prices: WTIC Down 1.8%

As of January 24, the price of Regular and Premium were up two and one cent(s) each, respectively, from the previous week. According to GasBuddy.com, California has the highest average price for Regular at $4.63 and Mississippi has the cheapest at $2.95. The WTIC end-of-day spot price closed at 83.31 and is down 1.8% from last week.

President Biden has announced plans to release gasoline reserves to mitigate rising oil prices.

How far are we from the interim high prices of 2011 and the all-time highs of 2008? Here's a visual answer.