Gas Prices Lowest on Christmas Day Since 2020

Gas prices across the United States are expected to be the lowest on Christmas Day since 2020, with GasBuddy predicting an average of $3.01 per gallon, a decrease from previous years. Despite a brief increase in prices, largely due to high travel demand as 119 million Americans are projected to travel this holiday season, prices remain lower than last year. Regional variations exist, with prices significantly lower in states like Texas and Arkansas compared to places like California. The current economic conditions, including higher wages, make these prices relatively affordable. AAA indicates that this increase in travel will continue to drive demand, potentially pushing prices up slightly after the holidays. Nonetheless, electric vehicle charging rates remain stable, offering a consistent alternative for those drivers.