Gasoline Drops Below $3 in Half the U.S

Gasoline Drops Below $3 in Half the U.S


Lower crude oil prices, cheaper winter blends, weaker seasonal demand despite the bump in Thanksgiving travel, and refineries completing autumn maintenance have converged to push the national average down to $3.055 per gallon of regular gasoline on November 25, just as millions of Americans are hitting or preparing to hit the road. And prices at the pump are set to drop further in the coming weeks on low consumption and expected lower oil prices amid a global oversupply and peace talks to end the war in Ukraine. Patrick De Haan, head of petroleum analysis at GasBuddy, said late on Tuesday that Oklahoma, the state with the current lowest average price of gasoline, had just fallen to its lowest level since the end of February 2021, at $2.43/gal.

Author: Tsvetana Paraskova


Published at: 2025-11-26 23:00:00

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