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U.S. Gasoline Prices to Hit Lowest Levels Since 2020 on Christmas Day
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U.S. gasoline prices are set to drop to the lowest level since 2020, with GasBuddy predicting an average price of $2.79 per gallon on Christmas Day, down from $2.95 a year ago. This marks the cheapest prices since 2020, when the average was $2.26 per gallon. Despite some ongoing refinery maintenance, increasing supplies and lower winter demand are expected to keep prices in check. GasBuddy's head of petroleum analysis, Patrick De Haan, stated that holiday travelers will likely benefit from lower prices, with early signs indicating that the trend could continue into 2026.