{
  "id": 12915665,
  "title": "U.S. Gasoline Prices Set October Record Even as National Average Slips",
  "url": "https://urgent.news/2026/10/08/u-s-gasoline-prices-set-october-record-even-as-national-average-slips",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T17:30:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/US-Gasoline-Prices-Set-October-Record-Even-as-National-Average-Slips.html"
  },
  "original_language": "en",
  "account": "U.S. gasoline prices reached a record high in October, despite the national average slipping slightly. The AAA reported an average of $4.36 per gallon, up from $4.31 the previous week, marking the first October where prices remained above $4 per gallon. The drop in prices came as gasoline demand increased to 8.76 million barrels per day, from 8.68 million bpd, while inventories grew to 204.7 million barrels. Refinery production decreased slightly to 9.34 million bpd from 9.46 million bpd. The WTI settled at $88.28 per barrel, after earlier hitting $88.50 per barrel, following explosions in Riyadh. Although Hurricane Isaias posed a potential threat to Gulf Coast oil production and refining, it appears the storm's path is distancing itself from Louisiana refineries, with lower rainfall and weaker winds reducing the risk. However, regional prices remain high, with California averaging $6.34 per gallon, Hawaii at $5.63, and Washington at $5.46. Even the cheapest markets, such as Ohio ($3.71), Indiana ($3.72), and Georgia ($3.84), are far from affordable. Crude inventories dropped 3.2 million barrels last week, leaving stocks just 1% above the five-year average.",
  "summary": "U.S. gasoline prices have fallen for a second straight week, but drivers are still paying more at the pump than they ever have in October. AAA put the national average at $4.36 per gallon Thursday, down about five cents from a week ago. A year ago, gasoline averaged $3.12. This is the first October in which the national average has remained above $4 per gallon. The drop came despite a small…",
  "key_points": [
    "U.S. gasoline prices hit $4.36 per gallon in October, breaking the record",
    "National average dipped slightly despite record-high prices",
    "Hurricane Isaias threatened Gulf Coast production but posed lower risk"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}