GasBuddy released its 2025 Fuel Price Outlook this week, forecasting a third consecutive year of lower gas and diesel prices. The outlook highlights key trends in gasoline and diesel prices utilizing specific inputs, potential impacts on production, supply and demand changes and a change in leadership in Washington.
GasBuddy projects that the yearly national average for gasoline in 2025 will decline to $3.22 per gallon, down from $3.33 in 2024 and significantly below the record highs of 2022. This decline represents continued relief for American drivers, but comes amid emerging uncertainties surrounding geopolitical tensions, potential tariffs and a change in energy policies that add risk to this year’s forecast.
Gas prices could peak in April at a monthly average of $3.53 per gallon, while the daily average could top out as high as $3.67 per gallon, driven by seasonal increases in demand and the change to summer gasoline that occurs coast to coast at a varied pace.
Diesel prices are also forecast to decline in 2025, with a projected yearly national average of $3.48 per gallon. This reduction will benefit industries dependent on diesel, such as freight and agriculture, offering some respite from recent cost pressures.
