Drivers are expected to see the cheapest Labor Day weekend gas prices since 2020, according to GasBuddy, a fuel savings platform.
Gas prices climbed under former President Joe Biden, shooting up to record highs in June 2022, with the national average per-gallon price nearing$5. Labor Day weekend gas prices are projected to average $3.15 per gallon in 2025, the lowest since 2020 when compared with $3.16 in 2021, according to GasBuddy.
“It is not due to unexplainable phenomena that U.S. gas prices at the pump are finally dropping to 5-year lows. It is clearly due in large part to the Trump Effect. Over 200 actions since President Trump’s Inauguration Day to free American domestic energy supplies is starting to pay off,” Marc Morano, Publisher of ClimateDepot.com, told the Daily Caller News Foundation. “Actions have good consequences as these pro-energy policies have resulted in U.S. oil and gas production reaching their highest levels ever in the summer of 2025.” (RELATED: Summer Gas Prices Hit 4-Year Low On Heels Of Middle East Ceasefire)
A gas pump displays current fuel prices, along with a sticker of US President Joe Biden, at a gas station in Arlington, Virginia, on March 16, 2022. (Photo by SAUL LOEB/AFP via Getty Images)
Americans also saw the cheapest Memorial Day weekend at the pump since 2021 this year before summer gas prices then saw a four-year low, according to GasBuddy and the American Automobile Association.
The expected cost at the pump this Labor Day weekend will only be slightly cheaper than last year, which averaged $3.29 a gallon, according to GasBuddy. 2 Labor Day weekend 2020’s gas prices were $2.22 per gallon, according to the platform.
Biden implemented a sweeping and costly green agenda during his presidency, taking regulatory actions to restrict oil production, including a January 2021 executive order halting new oil and gas leases on federal lands, canceling the massive Keystone Pipeline project and imposing a last-minute ban on offshore drilling across a swath of federal waters. In contrast, the Trump administration has championed the oil and gas industry, creating more offshore leasing opportunities and even seeking deals with blue states like New York to expand pipelines.
Notably, electricity generated from fossil fuels hit a nine-year monthly high in July as President Donald Trump has been moving to boost conventional energy resources, according to Reuters.
“With such abundant American oil reserves, gasoline prices are largely a political decision. President Trump prioritizes American abundance and prosperity. That is reflected in rapidly rising oil production during Trump’s first and second terms, along with falling gasoline prices,” James Taylor, president of the Heartland Institute, told the DCNF. “This is a welcome relief from leftist policies seek every means of suppressing American conventional energy production, even after the expense of American living standards.”
Although this Labor Day weekend is projected to bring the most affordable prices in years, nearly half of U.S. states have seen gas cost increases in the past month as refinery outages shorten supply, according to GasBuddy. Refineries have been shutting down in response to strict regulations that were imposed by the Biden administration and Democrat-led states, energy sector experts have noted.
California may be staring down $8 gas as soon as 2026 as two major refineries prepare to leave the state, according to one estimate.
“Gas prices are dropping because confidence is returning to American energy. Under President Trump, the days of weaponizing agencies against oil and gas are over, and the markets know it,” Jason Isaac, CEO of the American Energy Institute, told the DCNF. “Biden’s anti-fossil fuel crusade drove prices through the roof; now, Trump’s Energy Dominance Agenda is restoring production, reducing regulatory chokeholds, and signaling that America is back in the business of affordable energy. Lower Labor Day prices are just the beginning.”
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