Overview
- AAA puts the national average at $2.998 on Dec. 2, the lowest since May 2021, while GasBuddy reports about $2.95 with a $2.83 median.
- More than 30 states now average under $3; Oklahoma is near $2.40 and California is around $4.56, with a handful of stations reporting sub‑$2 prices.
- Weekly declines total roughly 6–9 cents nationally, with outsized drops in Ohio, Michigan, New Mexico, Oklahoma and Texas; Michigan’s average is $2.96.
- Analysts link the slide to lower oil prices, robust refinery runs, U.S. output near record highs and a seasonal demand lull, with added barrels from OPEC.
- Diesel remains higher at about $3.72 per gallon, and experts expect continued downward pressure into the holiday period barring major disruptions.