GasBuddy Weekly Gas Price Report

Commentary Energy

Source: GasBuddy
Source Link: https://www.gasbuddy.com/
Frequency: Weekly
Next Release(s): September 2nd, 2025 9:00 AM

Latest Updates

The national average price of gas increased 3.4 cents to $3.12 last week. The national average is down -2.1 cents from a month ago and down -18.3 cents from a year ago. The national average price of diesel has decreased -2.0 cents in the last week and stands at $3.651 per gallon. The median U.S. gas price is $2.99 per gallon, up 1 cent from last week and about -13 cents lower than the national average.
- GasBuddy: "The national average saw a modest increase over the last week after storms temporarily knocked the Midwest’s largest refinery offline in Indiana, triggering sharp jumps in gas prices across Ohio, Wisconsin, and Michigan. We could soon see prices cycle higher in Illinois and Indiana as well, although there’s been some late-week relief in wholesale prices now that the refinery is restarting. Meanwhile, Florida saw the nation’s largest weekly decline, but a rebound due to price cycling is likely on the horizon. All of this is playing out while oil prices remain relatively stable in the low $60s. With no major hurricanes threatening the U.S. at the moment, the biggest wildcard remains any shifts in Russia’s war on Ukraine. For now, expect only moderate gas price fluctuations, with the potential for lower prices arriving later this fall."
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The national average price of gas was unchanged at $3.08. The national average is down -4.6 cents from a month ago and down -27.9 cents from a year ago. The national average price of diesel has decreased -1.9 cents in the last week and stands at $3.671 per gallon. The median U.S. gas price is $2.98 per gallon, up 1 cent from last week and about -11 cents lower than the national average.
- GasBuddy: “The national average is nearly unchanged from a week ago, with gasoline prices continuing to hover in the same territory where they’ve spent much of 2025 so far — in the low-$3-per-gallon range — as oil prices remain anchored in the $60s. Price cycling markets once again led the biggest weekly price changes, with Ohio and Florida seeing a cycle and higher prices last week, while Michigan posted the largest drop and could be due for another jump in the cycle sometime this week. For the majority of motorists in non-cycling states, gas prices will likely remain near current levels as we head toward Labor Day. However, it’s worth watching developments around a potential peace deal between Russia and Ukraine. If such an agreement materializes, it could send oil prices lower on expectations that sanctions against Russia might be eased, effectively boosting global oil supply.”
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The national average price of gas dropped -2.7 cents to $3.08. The national average is down -7.0 cents from a month ago and down -32.3 cents from a year ago. The national average price of diesel has decreased -1.8 cents in the last week and stands at $3.690 per gallon. The median U.S. gas price is $2.97 per gallon, down -2 cents from last week and about -11 cents lower than the national average.
- GasBuddy: “After rising for two straight weeks, the national average price of gasoline saw a slight decline in the last week as oil prices fell below $64 per barrel, paving the way for prices to ease in most states. Price-cycling markets again saw the largest weekly swings, with Florida and Michigan cycling upward, while Indiana and Ohio experienced sharp declines, but may be due for jumps this week. As we approach the peak of hurricane season, forecasts are showing favorable conditions for tropical development, so we’ll be watching closely for any potential impact on supply and prices as Labor Day nears.”
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The national average price of gas increased 1.2 cents to $3.11. The national average is up 1.3 cents from a month ago and down -32.8 cents from a year ago. The national average price of diesel has decreased -0.1 cents in the last week and stands at $3.708 per gallon. The median U.S. gas price is $2.99 per gallon, unchanged from last week and about -12 cents lower than the national average.
- GasBuddy: “It was another relatively tame week at the pump, with the national average inching up for the second straight week as oil prices briefly touched the $70 per barrel mark before sliding late in the week on news that OPEC+ will raise oil production again in September. While price cycling led gas prices in some states to see double-digit increases or decreases, most saw only modest fluctuations. With OPEC+ now fully restoring production to 2023 levels — and fresh economic concerns arising from a weak jobs report and renewed tariff threats — oil prices may continue to face headwinds, potentially paving the way for a decline in gas prices in the weeks ahead.”
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The national average price of gas increased 0.9 cents to $3.10. The national average is down -6.5 cents from a month ago and down -37.5 cents from a year ago. The national average price of diesel has increased 1.6 cents in the last week and stands at $3.709 per gallon. The median U.S. gas price is $2.99 per gallon, up 1 cent and about -11 cents lower than the national average.
- GasBuddy: “It’s been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of price cycling states experienced the most noticeable fluctuations. Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we’ll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook.”
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The national average price of gas dropped -1.7 cents to $3.09. The national average is down -11.5 cents from a month ago and down -37.7 cents from a year ago. The national average price of diesel has increased 1.7 cents in the last week and stands at $3.693 per gallon. The median U.S. gas price is $2.98 per gallon, unchanged from last week and about -11 cents lower than the national average.
- GasBuddy: “The national average price of gasoline slipped slightly over the last week, falling alongside oil, which dropped more than $2 per barrel. However, a few states — including Florida, Nebraska, and Indiana — bucked the trend, posting double-digit increases per gallon. These areas are prone to a phenomenon known as price cycling, where prices can spike and plunge every couple of weeks even if wholesale costs remain mostly unchanged. While I don’t expect major movement in the national average as we approach August, states impacted by price cycling will likely continue to experience more volatile price swings, while others will see relative stability.“
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The national average price of gas increased 2.0 cents to $3.11. The national average is down -0.5 cents from a month ago and down -37.9 cents from a year ago. The national average price of diesel has increased 3.2 cents in the last week and stands at $3.676 per gallon. The median U.S. gas price is $2.98 per gallon, down -1.0 cents from last week and about -13 cents lower than the national average.
- GasBuddy: “With oil prices posting a modest uptick last week, the national average price of gasoline also inched slightly higher, with just over half of U.S. states seeing increases, while nearly two dozen saw declines. As we approach the midpoint of the summer driving season, gasoline inventories remain just below average, while diesel inventories are considerably tighter — keeping upward pressure on diesel prices. While renewed tariff discussions could weigh on oil markets due to concerns about economic growth, absent any major developments, we expect the national average to remain rangebound in the low-$3 per gallon area, where it has spent much of the summer.“
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The national average price of gas dropped -5.3 cents to $3.09. The national average is down -1.1 cents from a month ago and down -37.4 cents from a year ago. The national average price of diesel has decreased 3.2 cents in the last week and stands at $3.644 per gallon. The median U.S. gas price is $2.99 per gallon, unchanged from last week and about -10 cents lower than the national average.
- GasBuddy: “Nearly every state saw average gas prices decline for the second straight week, even as the nation celebrated July 4 with the lowest national average for Independence Day since 2020. That downward momentum may continue, as OPEC’s weekend decision to boost production by a larger-than-expected 548,000 barrels per day in August adds further pressure to oil prices — potentially accelerating supply builds. If tensions in the Middle East remain contained and the Gulf is spared from major hurricanes, the odds are improving that the national average could dip below $3 per gallon later this summer, but in the meantime, we could see the national average falling to its lowest summer level since the pandemic.”
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The national average price of gas dropped -3.8 cents to $3.14. The national average is up 1.1 cents from a month ago and down -32.1 cents from a year ago. The national average price of diesel has increased 2.7 cents in the last week and stands at $3.676 per gallon. The median U.S. gas price is $2.99 per gallon, down 6 cents from last week and about -15 cents lower than the national average.
- GasBuddy: “The national average price of gasoline has resumed its decline, with falling prices driven by easing tensions in the Middle East—just weeks after those same tensions had pushed prices higher. For motorists planning to hit the road for Independence Day, gas prices are expected to continue falling nearly coast to coast in the lead-up to July 4. Relief could expand as the holiday weekend approaches, with the national average on track to hit its lowest July 4 level since 2021 at $3.15 per gallon, we project. As long as tensions in the Middle East remain contained and the U.S. avoids a major hurricane, we could see the national average fall below $3 per gallon later this summer.”
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The national average price of gas increased 9.7 cents to $3.18. The national average is unchanged from a month ago and down -23.3 cents from a year ago. The national average price of diesel has increased 16.1 cents in the last week and stands at $3.649 per gallon. The median U.S. gas price is $3.05 per gallon, up 10 cents from last week and about -13 cents lower than the national average.
- GasBuddy: “With Israel and Iran trading attacks over the past week, oil prices have continued to climb —and gasoline prices are following suit, rising at a pace we haven’t seen since last summer. Few pumps have been immune, with nearly all states seeing gas prices rise over the last week. Additionally, average diesel prices recorded their largest weekly jump since August 2023. Now, with the U.S. launching attacks on Iran, oil prices are likely to continue trending higher. That said, I do not expect the apocalyptic spikes being circulated by some so-called influencers on social media — many of which are wildly inaccurate. For now, motorists should anticipate a continued steady climb in prices, with the national average likely to increase another 7 to 15 cents this week, while diesel could rise by 10 to 20 cents. These forecasts remain fluid and could shift quickly depending on global developments, so we encourage motorists to stay tuned to GasBuddy for the latest updates and insights.”
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The national average price of gas increased 1.1 cents to $3.08. The national average is down -9.5 cents from a month ago and down -32.7 cents from a year ago. The national average price of diesel has increased 4.0 cents in the last week and stands at $3.488 per gallon. The median U.S. gas price is $2.95 per gallon, up 1 cent from last week and about -13 cents lower than the national average.
- GasBuddy: “With Israel and Iran trading attacks, oil prices have surged to multi-month highs, setting the stage for additional price hikes at gas pumps across the country. As long as tensions in the Middle East continue to escalate, the risk of further impacts on oil prices remains high. For now, I expect gas prices could rise by 10 to 20 cents, while diesel could climb 15 to 25 cents in the coming days. Motorists should prepare for what will likely be modest price increases — for now — but the situation has the potential to worsen at any moment.”
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The national average price of gas eased -1.8 cents to $3.075. The national average is down -5.2 cents from a month ago and down -32.8 cents from a year ago. The national average price of diesel has decreased -1.7 cents in the last week and stands at $3.448 per gallon. The median U.S. gas price is $2.94 per gallon, down -1 cents from last week and about 13 cents lower than the national average.
- GasBuddy: “Average gas prices declined in nearly all states over the last week as refineries ramped up output and gasoline supplies surged. While a few states experienced price cycling — a pattern where prices drop sharply and then spike every couple of weeks — the overall gentle downward trend is typical as summer progresses. If oil prices continue to rise gradually, it could eventually impact gas prices, but for now, we likely won’t see any major shifts at the pump in most areas this week.”
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