San Diego, November 26, 2025
As Thanksgiving travel nears, the national average price for regular unleaded gasoline remains stable at $3.07 per gallon. Diesel prices have slightly increased to $3.79 per gallon, representing a 0.7% rise. California, particularly San Diego, faces higher gas prices, impacting local businesses. Factors such as crude oil prices and geopolitical developments contribute to this stability, offering some relief as families prepare for holiday travels.
Gas Prices Hold Steady as Thanksgiving Approaches
San Diego, CA – As millions prepare for Thanksgiving travel, the national average price for regular unleaded gasoline in the United States has remained stable at $3.07 per gallon as of November 24, 2025. This price reflects no change from the previous week and a slight increase of $0.01 (0.5%) compared to the same time last year. Meanwhile, diesel prices have risen slightly, averaging $3.79 per gallon, showing a $0.03 (0.7%) increase from the previous week and a $0.26 (7.2%) rise year-over-year. This consistency in fuel prices comes at a crucial time for many American families planning their holiday travel.
When considering the local landscape, particularly in California, where our vibrant economy depends heavily on transportation, the implications of fuel prices are significant. Entrepreneurs in San Diego County often bear the brunt of elevated costs, but resilient small businesses continue to flourish, propelled by innovation and community support. This environment highlights the importance of fostering economic policies that reduce regulatory burdens and spur growth among local entrepreneurs.
Variations Across the Nation
Regional differences in gas prices paint a diverse picture across the United States. The most affordable gas is available in Lubbock, Texas, where prices are at $2.39 per gallon, followed closely by McAllen-Edinburg-Mission, Texas, and Lawton, Oklahoma, both sitting at $2.40 per gallon. In stark contrast, consumers in San Diego, California, face higher prices, with a current average of $4.81 per gallon, making it one of the more expensive areas nationally. Los Angeles-Long Beach, California, also reports high prices at $4.77 per gallon. These variations highlight the challenges faced in California, where taxes and regulations can drive up costs for consumers and businesses alike.
Driving Factors Behind Prices
Understanding the factors influencing gas prices is essential for both consumers and business owners. The recent stability in gasoline prices can be attributed to lower crude oil prices, with West Texas Intermediate (WTI) crude hovering around $58 per barrel. This decline stems from a combination of high global supply and reduced seasonal demand. Additionally, optimistic sentiments regarding potential peace talks between the U.S. and Ukraine may lead to easing sanctions on Russian oil producers, further stabilizing the market.
Historical Perspectives
Gas prices have fluctuated dramatically over the years, with recent history showcasing peaks that strain everyday consumers. For context, the highest recorded price for regular gasoline was $5.02 per gallon on June 14, 2022. Current prices, although slightly elevated compared to last year, remain well below that peak level. This historical lens provides a reminder of the volatility that can affect consumers and businesses, making the current stability a welcome relief.
Thanksgiving Travel Outlook
As we approach Thanksgiving, travelers can anticipate manageable fuel costs, which is a positive development for those taking to the roads for holiday gatherings. While gasoline prices remain stable, the rise in diesel fuel may present challenges for truckers and operators using heating oil, particularly as winter approaches. Natural gas futures have recently surged to about $4.50 per million BTUs, indicating possible increases in winter heating costs should frigid temperatures persist. This forecast serves as a crucial reminder for families and businesses to prepare adequately for the upcoming season.
Conclusion
In conclusion, as of November 24, 2025, U.S. gas prices are stable, providing a sigh of relief for travelers in San Diego and across the nation during this Thanksgiving season. With the national average at $3.07 per gallon and diesel at $3.79, these figures underscore the significant regional differences that can impact economic contributions. Local businesses thrive in this challenging environment, demonstrating the resilience and determination of California entrepreneurs. As we enter this holiday season, it is more important than ever for consumers to support local businesses and remain engaged in our San Diego County economy.
FAQ
What is the current national average price for regular unleaded gasoline in the U.S.?
The national average price for regular unleaded gasoline is $3.07 per gallon as of November 24, 2025.
How have gas prices changed compared to last year?
Gas prices have increased by $0.01 (0.5%) compared to the same time last year.
Which areas have the least and most expensive gas prices?
The least expensive gas is found in Lubbock, Texas, at $2.39 per gallon, while the most expensive is in Lihue (Kauai), Hawaii, at $4.96 per gallon.
What factors are influencing current gas prices?
Factors include global oil supply, geopolitical developments, and seasonal demand. Recent optimism about potential U.S.-Ukraine peace talks has also contributed to price stability.
What is the outlook for gas prices during the Thanksgiving holiday?
Gas prices are expected to remain stable during the Thanksgiving holiday, providing manageable fuel costs for travelers.
Key Features
| Feature | Details |
|---|---|
| National Average Gas Price | $3.07 per gallon as of November 24, 2025. |
| National Average Diesel Price | $3.79 per gallon as of November 24, 2025. |
| Least Expensive Gas Price | $2.39 per gallon in Lubbock, Texas. |
| Most Expensive Gas Price | $4.96 per gallon in Lihue (Kauai), Hawaii. |
| Factors Influencing Gas Prices | Global oil supply, geopolitical developments, and seasonal demand. |
| Thanksgiving Holiday Gas Price Outlook | Stable gas prices expected during the Thanksgiving holiday. |
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