U.S. gasoline prices fell to a national average of $2.94/gal (-$0.05 WoW; -$0.13 MoM; -$0.08 YoY), the lowest level in four years and firmly below the $3 mark as the holiday travel season approaches.

• Gasoline demand rose to 8.45M bpd (from 8.32M bpd), indicating a modest pickup in consumption compared with the prior week.

• Total gasoline supply increased to 220.8M bbl (from 214.4M bbl), reflecting a sizable inventory build heading into late December.

• Gasoline production dipped to 9.6M bpd, showing a weekly pullback despite rising demand and higher available supply.

• WTI crude settled at $58.46/bbl (+$0.21 WoW), while U.S. crude inventories fell -1.8M bbl to 425.7M bbl, about 4% below the five year average, signaling tighter crude balances.

• Public EV charging costs held steady at $0.38/kWh, showing no change in average electricity prices for the past week.

• Gasoline remained most expensive in Hawaii ($4.44) and California ($4.41), while the least expensive markets included Oklahoma ($2.36) and Texas ($2.51), highlighting wide regional price variation.

• Public charging costs were highest in West Virginia ($0.51/kWh) and Alaska/Hawaii ($0.48), while the lowest-cost states included Kansas and Wyoming ($0.26), underscoring significant state-level differences in electricity pricing.