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Americans are getting a break at the pump as average gas prices nationwide have fallen below $3 per gallon for the first time in nearly five years, according to new data released Monday by GasBuddy.
Patrick De Haan, the company’s head of petroleum analysis, said the milestone comes earlier in the year than usual.
“Gas prices have finally fallen below $3 per gallon nationally — the earliest date we’ve seen a $2.99 national average since 2020, when COVID was the primary driver of low prices,” De Haan said.
“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,” he added.
The White House highlighted the dip as a sign of economic relief for consumers, calling it one of the lowest national averages in more than four years.
“Thanks to President Trump’s unleashing of American energy, the national average gas price drops BELOW $3 for the first time in over four years. Promises made, promises kept,” the White House’s X account posted.
President Donald Trump’s administration pointed to the drop as evidence of a turnaround from the previous administration’s energy policies.
“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 statement said. “In fact, under Biden, average gas prices remained above $3 per gallon for nearly the entirety of his presidency.”
During former President Joe Biden’s term, national averages frequently hovered above $3 a gallon, hitting a record high of $4.60 in 2022, according to data reported by Breitbart News at the time. Analysts then warned prices could climb even higher during the summer driving season, potentially topping $6 a gallon.