In a weblog posted on its web site on Tuesday, GasBuddy projected what the common U.S. gasoline worth will likely be on December 25.
In accordance with this weblog, GasBuddy sees the U.S. common gasoline worth coming in at $2.79 per gallon this Christmas. That’s decrease than the final 4 Christmas Days, a chart included within the weblog confirmed. This chart outlined that the common U.S. gasoline worth was $2.95 per gallon on December 25, 2024, $3.10 per gallon on December 25, 2023, $3.05 per gallon on December 25, 2022, and $3.26 per gallon on December 25, 2021.
The common U.S. gasoline worth was $2.26 per gallon again on December 25, 2020, in keeping with the chart.
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“GasBuddy expects the nationwide common on Christmas Day to land close to $2.79 per gallon, under final 12 months’s worth of $3.00, saving motorists over half a billion {dollars} in the course of the Christmas week in comparison with final 12 months,” GasBuddy famous in its weblog.
“Whereas 2024 beforehand represented the bottom Christmas Day worth since 2020, this 12 months continues that development and marks one other 12 months of modest enchancment for vacation drivers,” it added.
Within the weblog, GasBuddy acknowledged that “the softer vacation pricing comes as refinery upkeep winds down and gasoline provides rise, easing a few of the stress that usually builds earlier within the 12 months”.
“As well as, OPEC has been growing oil manufacturing for a lot of 2025, pushing crude costs to multi-year lows within the weeks main as much as Christmas,” it famous.
“Even with hundreds of thousands of People touring for the vacations, winter gasoline demand stays far decrease than in the summertime, serving to maintain a pure lid on costs,” it continued.
“Whereas sudden refinery points or worldwide tensions may nonetheless introduce volatility, the general backdrop is way extra favorable for Christmas vacationers than it was just a few years in the past when the re-opening economic system surged costs,” it went on to state.
Patrick De Haan, Head of Petroleum Evaluation at GasBuddy, identified within the weblog that “Christmas is usually when gasoline costs settle close to the bottom ranges of the 12 months” including that “2025 isn’t any exception”.
“Refinery upkeep has wrapped up, provides are rising, and winter demand is way decrease than in summer time – all of which assist maintain a lid on costs. Offered there are not any surprises, vacation vacationers ought to see pump costs that are available in a bit decrease than final Christmas,” he added.
“We’re additionally seeing encouraging early tendencies as we put together to launch our 2026 Gas Outlook in January, with indicators that decrease costs may proceed into subsequent 12 months,” he went on to state.
In a separate weblog posted on GasBuddy’s web site on December 15, the corporate highlighted that the nation’s common worth of gasoline “has fallen 4.5 cents over the past week and stands at $2.85 per gallon, in keeping with GasBuddy information compiled from greater than 12 million particular person worth experiences overlaying over 150,000 gasoline stations throughout the nation”.
“The nationwide common is down 22.0 cents from a month in the past and is 12.6 cents per gallon decrease than a 12 months in the past. The nationwide common worth of diesel has fallen 5.3 cents within the final week and stands at $3.618 per gallon,” it added in that weblog.
De Haan stated in that weblog, “for the third straight week, the nationwide common worth of gasoline has fallen, as soon as once more setting a brand new multi-year low”.
“Simply forward of Christmas, the nationwide common stands at its lowest degree since March 12, 2021, delivering weekly financial savings of practically $400 million in comparison with this time final 12 months,” he added.
“Fuel costs are actually decrease in a majority of states, and the excellent news is that the downward development could proceed into the closing innings of 2025, with additional declines seemingly throughout a lot of the nation,” he went on to state.
GasBuddy’s reside ticking common for normal gasoline within the U.S. was $2.900 per gallon as of 9am EST on December 17. The determine was 0.1 cents up from yesterday’s common, 1.9 cents down from final week’s common, 18.8 cents down from final month’s common, and 13.2 cents down from final 12 months’s common, GasBuddy’s web site highlighted.
In accordance with the AAA Gas Costs web site, the common common gasoline worth within the U.S. is $2.905 per gallon, as of December 17. Yesterday’s common was $2.907 per gallon, the week in the past common was $2.940 per gallon, the month in the past common was $3.073 per gallon, and the 12 months in the past common was $3.030 per gallon, the positioning confirmed.
GasBuddy states on its web site that its mission is “to make gas financial savings simpler and extra accessible for everybody”. The AAA Gas Costs web site describes itself as a public service of the US of America’s largest motoring and leisure journey membership group.
To contact the writer, electronic mail andreas.exarheas@rigzone.com
