Story perspectives
Gas Prices Plummet Below $3, Consumer Confidence Drops
12/25/2025
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Story summary
- The national average price for gasoline has remained below $3 since December 2, around $2.85.
- Prices vary by state, with Hawaii at $4.44 and Oklahoma at $2.30.
- Prices are down more than 18 cents from last year and 21 cents from last month, making December the cheapest since 2020.
- Inflation remains above the Federal Reserve's target.
- Consumer confidence has dropped to its lowest level since April.
