Jacksonville, Florida, December 2, 2025
Gasoline prices in the U.S. have decreased by $0.07 to an average of $3.00 per gallon, marking a 2.2% decline over the past week. Diesel prices have also fallen, dropping to $3.74 per gallon. Regional variations are significant, with states like Kentucky reporting the lowest prices while Hawaii shows the highest. The decline is attributed to fluctuations in crude oil prices and OPEC+’s maintained output levels. This decrease in fuel costs may benefit local economies and encourage spending amidst ongoing economic challenges.
U.S. Gas Prices Decline in the Past Week
Jacksonville, Florida – Gasoline prices across the United States have decreased over the past week, with the national average dropping by $0.07 to $3.00 per gallon as of December 1, 2025. This marks a 2.2% decline from the previous week and a 1.6% decrease compared to the same time last year. Diesel prices also saw a reduction, falling by $0.05 to $3.74 per gallon, a 1.2% weekly decrease. However, diesel prices have increased by 5.6% year-over-year. The highest recorded gas price was $5.02 per gallon on June 14, 2022, while the highest diesel price was $5.82 per gallon on June 19, 2022.
Regional Price Variations
Significant regional differences in gas prices have been observed. Henderson, Kentucky, reported the lowest average gas price at $2.24 per gallon, followed by Lawton, Oklahoma, and Columbus, Nebraska, both at $2.29 per gallon. In contrast, Lihue (Kauai), Hawaii, had the highest average gas price at $4.97 per gallon, with other high-priced areas including San Diego, California, and San Luis Obispo-Atascadero-Paso Robles, California, both at $4.74 per gallon.
Factors Influencing Gas Prices
The recent decline in gas prices is attributed to several factors, including fluctuations in crude oil prices and changes in global oil production. OPEC+ has maintained current output levels, which has alleviated concerns about oversupply and contributed to the recent price decrease. Additionally, geopolitical events, such as infrastructure disruptions and international tensions, have influenced market dynamics and, consequently, gas prices.
Historical Context
Gas prices have experienced significant volatility over the past few years. The highest recorded gas price was $5.02 per gallon on June 14, 2022, while the highest diesel price was $5.82 per gallon on June 19, 2022. These peaks were influenced by various global events, including supply chain disruptions and geopolitical tensions. The current prices reflect a stabilization in the market, though they remain higher than historical averages.
The recent downturn in gas prices is a welcome development amidst ongoing economic challenges. Local business operators and consumers alike are likely to benefit from lower fuel costs, potentially leading to increased spending on goods and services. As California’s economy is heavily influenced by fuel prices, reduced costs may provide a much-needed boost to small businesses in the region. Especially in competitive urban markets like San Diego, every cent can count toward maintaining profit margins and encouraging consumer spending.
It’s vital for San Diego and other California cities to recognize the importance of favorable regulations and policies that can help maintain a competitive edge in the energy sector. Providing an environment that supports responsible exploration and innovation could prove beneficial for the economic landscape, allowing local entrepreneurs and businesses to thrive.
Frequently Asked Questions (FAQ)
What is the current national average gas price in the U.S.?
The national average gas price is $3.00 per gallon as of December 1, 2025.
How much have gas prices decreased over the past week?
Gas prices have decreased by $0.07, or 2.2%, over the past week.
Which U.S. city has the lowest gas price?
Henderson, Kentucky, has the lowest gas price at $2.24 per gallon.
What factors are influencing the recent decline in gas prices?
The decline is attributed to fluctuations in crude oil prices and changes in global oil production, including OPEC+’s decision to maintain current output levels.
What were the highest recorded gas and diesel prices in recent years?
The highest recorded gas price was $5.02 per gallon on June 14, 2022, and the highest diesel price was $5.82 per gallon on June 19, 2022.
| Location | Gas Price (per gallon) |
|---|---|
| Henderson, KY | $2.24 |
| Lawton, OK | $2.29 |
| Columbus, NE | $2.29 |
| Lihue (Kauai), HI | $4.97 |
| San Diego, CA | $4.74 |
| San Luis Obispo-Atascadero-Paso Robles, CA | $4.74 |
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