President Trump DID IT: Gas price average drops to four-year LOW
The national average price of gasoline has dropped to a four-year low, just in time for a busy season of holiday travel for Americans
by Summer Lane | October 20, 2025
After widespread speculation about whether nationwide gas prices would fall below $3.00 per gallon this fall, President Donald Trump’s energy-friendly policies have won out: according to GasBuddy, the national average price of gasoline has fallen to $2.98 per gallon, marking a four-year price low.
This represents a 19.3 cent drop in the average from one month ago, and another 15.2 percent drop per gallon than one year ago, the app – which covers more than 150,000 gas stations in North America – reported.
Patrick De Haan, the head of petroleum analysis at GasBuddy, said in a statement that these types of prices at the pump haven’t been seen since 2020, during the Covid pandemic.
He continued, “OPEC+ deserves much of the credit for this trend, having steadily raised oil production for much of 2025. Currently, 35 states have average gas prices below $2.99/gal, and GasBuddy even recorded the first $1.99 cash price at a station in Evans, Colorado, with stations in Oklahoma and Texas not far behind. Barring any major disruptions, gas prices are likely to remain slightly below year-ago levels and could stay under $3 for much of the next few months.”
Amid falling gas prices, the blue states of California, Hawaii, and Washington consistently hold the highest average gas prices in the country. Oklahoma, Texas, and Arkansas are among the lowest averages.
Cheaper gas prices come just before a busy holiday season for Americans.
“President Trump understands that energy dominance is a key driver for growing our economy and lowering costs — making good on a promise he repeatedly made on the campaign trail after years of Biden-induced economic disaster,” the White House explained in a statement.
During his campaign, President Trump promised to “Drill, baby, drill,” and open domestic American oil production in the U.S, and he seems to have delivered.
Just last week, the U.S. Department of Energy reported that U.S. crude oil production will average 13.5 million barrels per day in 2025 and 2026.
Photo: Adobe Stock
