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June 23, 2025 2 mins
As of June 23, 2025, gas prices in the United States continue to exhibit typical regional variability and are influenced by a range of factors including crude oil prices, geopolitical events, seasonal demand, and refining capacity. The national average for regular unleaded gasoline is approximately $4.10 per gallon. This marks a modest increase compared to the past year, driven largely by rising crude oil prices, which have been affected by supply constraints and ongoing geopolitical tensions in major oil-producing regions.

Listeners will notice price variations from state to state, with California often witnessing some of the highest prices, currently averaging around $5.30 per gallon, due to additional state taxes and environmental regulations. Conversely, states like Texas and Louisiana, which have significant refining capacities, tend to enjoy somewhat lower prices, with averages closer to $3.80 per gallon. Seasonal factors also play a role, as summer typically sees increased demand due to travel, often leading to slight upticks in price.

Interestingly, the impact of electric vehicles continues to grow as more options become available to the public, which may gradually influence gasoline demand and prices. Additionally, federal policies on energy transition and environmental standards are likely to impact the long-term trajectory of gas prices. Ongoing developments in renewable energy adoption and legislative actions aimed at curbing fossil fuel dependency also contribute to the broader context within which current gas prices are set.

Listeners should remain aware of potential fluctuations due to unforeseen global events or policy changes, as these can quickly alter the dynamics of gas pricing. Keeping an eye on crude oil markets and domestic production levels will offer further insights into future price trends.
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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
This is the United States Gas Price Tracker podcast, and
this is what we see at the pumps today. As
of June twenty third, twenty twenty five, gas prices in
the United States continue to exhibit typical regional variability and
are influenced by a range of factors, including crude oil prices,
geopolitical events, seasonal demand, and refining capacity. The national average

(00:22):
for regular unleaded gasoline is approximately four dollars and ten
cents per gallon. This marks a modest increase compared to
the past year, driven largely by rising crude oil prices,
which have been affected by supply constraints and ongoing geopolitical
tensions in major oil producing regions. Listeners will notice price
variations from state to state, with California often witnessing some

(00:46):
of the highest prices, currently averaging around five thirty cents
per gallon due to additional state taxes and environmental regulations. Conversely,
states like Texas and Louisiana, which have significant refining capacities,
tend to enjoy somewhat lower prices, with averages closer to
three dollars eighty cents per gallon. Seasonal factors also play

(01:08):
a role, as summer typically sees increased demand due to travel,
often leading to slight upticks in price. Interestingly, the impact
of electric vehicles continues to grow as more options become
available to the public, which may gradually influence gasoline demand
and prices. Additionally, federal policies on energy transition and environmental

(01:30):
standards are likely to impact the long term trajectory of
gas prices. Ongoing developments in renewable energy adoption and legislative
actions aimed at curbing fossil fuel dependency also contribute to
the broader context within which current gas prices are set.
Listeners should remain aware of potential fluctuations due to unforeseen

(01:51):
global events or policy changes, as these can quickly alter
the dynamics of gas pricing. Keeping an eye on crude
oil markets and demmestic production levels will offer further insights
into future price trends. Thanks for listening, and make sure
you subscribe.
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