U.S. gasoline prices fell to a national average of $2.90/gal (-$0.04 WoW; -$0.18 MoM; -$0.14 YoY), marking the cheapest December since 2020 amid strong supply conditions.

• The national average declined to $2.896 from $2.940 WoW and $3.077 one month ago, showing steady price easing despite higher holiday travel demand.

• Gasoline demand rose to 9.07M bpd (from 8.45M bpd), indicating a notable holiday-driven pickup in consumption.

• Total gasoline supply increased to 225.6M bbl (from 220.8M bbl), reflecting ample inventories alongside rising demand.

• Gasoline production averaged 9.6M bpd, supporting supply growth and helping limit upward price pressure.

• WTI crude settled at $55.94/bbl (+$0.67 WoW), while U.S. crude inventories fell -1.3M bbl to 424.4M bbl, about 4% below the five-year average.

• The national average public EV charging cost held steady at $0.38/kWh WoW, showing no change in electricity pricing.

• Gasoline prices remained highest in Hawaii ($4.43) and California ($4.33), while Oklahoma ($2.34) and Arkansas ($2.46) were among the lowest-cost states, highlighting wide regional dispersion.