National Gas Prices Fall Again To Multi-Year Lows

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Why This Matters

National gas prices have fallen to multi-year lows, with the median U.S. gas price reaching $2.79 per gallon, driven by a 4-cent decline from the previous week.

Market Impact

Market impact analysis based on bullish sentiment with 86% confidence.

Sentiment
Bullish
AI Confidence
86%

Article Context

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The national average price of gasoline has continued on a downward trend after dropping below $3 a gallon a week ago, sinking to their lowest level since 2021. The median U.S. gas price is now $2.79 per gallon, with the national average 4 cents lower from a week ago. However, prices vary widely by state, with motorists in Oklahoma paying $2.366 per gallon compared to $4.469 in California. Diesel prices have seen an even steeper decline, with the national average price of diesel currently standing at $3.671 per gallon, 5.1 cents lower than a week…

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Original article published by OilPrice.com on December 8, 2025.
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