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Gas Prices Expected to Drop in 2025 for Third Straight Year

Jan 3, 2025 | 12:00 PM

Photo: Michael Clubb ~ USA TODAY NETWORK

PODCAST:

Jan. 3, 2025 ~ U.S. oil production has exceeded pre-pandemic levels and is expected to grow gradually, with the national average gasoline price in 2025 projected to be around $3.22 per gallon. However, Michigan might experience temporary price hikes near $4 due to seasonal changes and potential refinery issues. Patrick DeHaan, head of petroleum analysis for GasBuddy, talks to Guy Gordon and Jamie Edmonds about what drivers can expect to spend in 2025.

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