Gas Prices Down, Diesel Up Heading Into Summer

Washington, DC, June 26, 2025-As of late June 2025, U.S. fuel prices are showing a mixed pattern heading into the heart of the summer driving season, according to the latest data from the U.S. Energy Information Administration. 

The national average for regular gasoline stands at approximately $3.21 per gallon, up slightly from the previous week but still about 22 cents lower than this time last year. 

Diesel prices, however, have surged-rising 20 cents in just one week to around $3.78 per gallon. While diesel remains roughly flat year-over-year, the recent spike reflects tightening supply conditions and increased global uncertainty.

That uncertainty includes ongoing turmoil in the Middle East, which has fueled concerns over global oil supply and contributed to market volatility. In the U.S., crude oil inventories fell sharply by 11.5 million barrels in mid-June, signaling tightening domestic supply just as fuel consumption typically ramps up. Gasoline and distillate inventories ticked up slightly but are still trailing last year’s levels, keeping upward pressure on prices.

Although pump prices remain far below the highs seen in 2022-2023, these recent shifts are a reminder of how quickly conditions can change. Rising diesel prices, in particular, could have ripple effects on transportation and logistics, potentially contributing to inflationary pressure across the economy. 

With consumers hitting the road and businesses moving goods at peak volume, fuel price volatility remains a critical factor to watch this summer.