U.S. gas prices drop below $3 average
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GasBuddy reports the U.S. average price of regular gasoline fell to $2.95 per gallon as of December 1, 2025 — the lowest since May 2021 — with AAA showing a similar ~$3 average. Prices declined in all 50 states amid lower crude costs, strong refinery output and softer seasonal demand; diesel averages $3.72, and some stations in Oklahoma, Colorado and Texas are posting sub‑$2 prices.
Energy Prices
U.S. Economy