National Gasoline Average Falls for Third Straight Week

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The nation’s average price of gasoline has fallen 4.5 cents over the last week and stands at $2.85 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is down 22.0 cents from a month ago and is 12.6 cents per gallon lower than a year ago. The national average price of diesel has fallen 5.3 cents in the last week and stands at $3.618 per gallon.

“For the third straight week, the national average price of gasoline has fallen, once again setting a new multi-year low,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Just ahead of Christmas, the national average stands at its lowest level since March 12, 2021, delivering weekly savings of nearly $400 million compared to this time last year. Gas prices are now lower in a majority of states, and the good news is that the downward trend may continue into the closing innings of 2025, with further declines likely across much of the country. That’s being driven by refineries wrapping up maintenance and boosting output to near summer highs, increasing fuel supply, while additional oil production from OPEC has pressured crude prices lower as well.”

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As of early Monday trade, a barrel of WTI crude oil was down 30 cents to $57.14 per barrel, softening from last week’s $59.55 per barrel level. Brent crude oil was also in the red in early action, down 24 cents to $60.88 per barrel, down from last Monday’s $63.22 fetch.

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The states with the lowest average prices: Oklahoma ($2.22), Colorado ($2.39), and Texas ($2.41).

The states with the highest average prices: Hawaii ($4.36), California ($4.31), and Washington ($3.95).

Biggest weekly changes: Nevada (-13.2¢), Indiana (-12.6¢), Utah (-12.6¢), Ohio (+11.6¢), Oregon (-11.3¢)

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The states with the lowest average diesel prices: Texas ($3.05), Oklahoma ($3.10), and Colorado ($3.12).

The states with the highest average diesel prices: Hawaii ($5.15), California ($4.96), and Washington ($4.79).

Biggest weekly changes: Colorado (-15.2¢), Oklahoma (-13.6¢), Montana (-13.4¢), Iowa (-13.3¢), New Mexico (-12.6¢)

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