U.S. Gas Prices Drop to Lowest December Levels in Years ⛽ As of late December 2025, the national average for regular gasoline has fallen below $3 per gallon—around $2.86 per gallon per AAA data—marking the cheapest holiday season at the pump since 2020. This decline is driven by lower crude oil prices, strong domestic supply, increased global production, and typical seasonal factors like reduced winter demand. Many states, including parts of Ohio and the Midwest, are seeing averages under $2.70.

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