Trump’s Merry Christmas Gas Prices

AAA is reporting on the lowest prices we’ve seen in quite a long time:

This holiday season is delivering cheaper gas prices as travelers hit the road in record numbers. The national average dropped more than 4 cents since last week to $2.89. This is the cheapest December at the pump since the end of 2020. Crude oil prices remain low, and despite an increase in gasoline demand over the holidays, supply is strong. Overall, 2025 has been a stable year for the national average with few fluctuations and no sharp spikes.

Today’s National Average: $2.896

One Week Ago: $2.940

One Month Ago: $3.077

One Year Ago: $3.034

According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.45 million b/d last week to 9.07 million. Total domestic gasoline supply increased from 220.8 million barrels to 225.6 million. Gasoline production increased last week, averaging 9.6 million barrels per day.

The Independent UK reports:

The average dipped below $2.90 for the first time in more than four years last week, punctuating what has been a steady decline in prices over the past month. Deriv.com contributor and CEO of financial education site First Information Vince Stanzione said the president’s push for lower gas prices and the global oil supply are helping ease prices across the country.

“As we head into 2026, the world remains well supplied with oil, and with President Donald Trump openly pushing for cheaper energy, the path of least resistance for crude is lower,” Stanzione said in an email to The Independent. “The world remains oversupplied with oil, and Russia continues to sell its oil to willing Indian refiners, which then resell refined products back to Europe, keeping global prices down.”

So what’s the bad news from California where Governor Gavin Newsom is doubling down on his electric car mandates? It should come as no surprise that inflation has been lower in conservative-led states than in liberal-led states over the past year, with the largest gaps in energy and transportation costs, analysis from the White House Council of Economic Advisers reports.

Well, California made the naughty list:

Gas

The nation’s top 10 most expensive gasoline markets are Hawaii ($4.43), California ($4.33), Washington ($3.96), Alaska ($3.59), Oregon ($3.57), Nevada ($3.46), Washington, DC ($3.17), Arizona ($3.13), Pennsylvania ($3.12), and New York ($3.08).

The nation’s top 10 least expensive gasoline markets are Oklahoma ($2.34), Arkansas ($2.46), Iowa ($2.47), Colorado ($2.49), Wisconsin ($2.51), Texas ($2.51), Mississippi ($2.52), Louisiana ($2.52), Kansas ($2.52), and Tennessee ($2.52).

Electric

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Alaska (48 cents), Hawaii (48 cents), Louisiana (44 cents), South Carolina (44 cents), New Hampshire (43 cents), New Jersey (43 cents), Tennessee (42 cents), Alabama (42 cents), and California (42 cents).

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (26 cents), Wyoming (27 cents), Missouri (28 cents), Nebraska (29 cents), Utah (31 cents), Delaware (31 cents), Vermont (31 cents), Iowa (32 cents), Maryland (32 cents), and New Mexico (33 cents).

“Energy inflation is one of the biggest drivers of higher overall inflation in liberal-run cities,” Fox Business reports. “In major metro areas such as Baltimore, Chicago, Los Angeles and New York, energy prices increased far more rapidly than in cities located in conservative states.”

At least in California we also are enjoying lower gas prices (albeit $1.00 over the national average), where three counties are selling a gallon of gas (averages) at $3.71 $3.83 and $3.85 – Tehama, Sutter County and Amador County respectively.

Interestingly, California’s high gas prices started escalating just as Gavin Newsom was elected and took office in 2019. Hmmm.

The lowest average gallon of gas in the country can be found in Oklahoma, where a gallon of regular gas will run $2.30. In Texas a gallon of gas will cost around $2.43; Arkansas $2.41; Louisiana $2.50; and over in Florida $2.81.

Merry Christmas Red States. And for the Blue States, a lump of coal… we’d take a lump of coal at this point!