Labor Day gas prices hit 5-year low at $3.15 per gallon nationwide

On this working day, motorists will see the lowest gas prices in half a decade.

Gasbuddy National Mediterranean at $ 3.15 for Galleon-Cheaper Weekend End Holidays since 2020, when the Covid-19 pandemic has stopped to some extent.

Traders are betting on the recession while Trump’s economic policies show great gains

“Thanks to President Trump, the US energy dominance is fully released, this summer gas prices are at their lowest level for five years, and families provide large money in the pump,” Caroline Levitte, White House press secretary, told Fox News Digital.

“President Trump has ended the new green policies Joe Biden, and makes America at reasonable prices again,” Levit added.

In 2024, gas prices amounted to $ 3.29 per gallon, and the previous year amounted to $ 3.77.

This revelation comes at a time when the Trump administration pays energy dominance – a major pillar of the president’s economic and national security schedule.

As fuel prices went to the weekend at the lowest point in years, Energy Minister Chris Wright argued that the energy agenda in the administration is beneficial directly on consumers.

Energy prices rise while Biden continues the green agenda

“President Trump has a campaign to reduce costs and weekends on Labor Day, the American people will see the results directly in the gas pump – the lowest gas prices in years,” Wright told Fox News Digital.

“Its simple approach is a bowl: more American energy means less costs, more jobs, and more prosperity,” Wright added.

Gas pumps at the Valero gas station on June 30, 2025, in Austin, Texas. (Brandon Bell / Getti Emaiz)

What’s more, analysts see an additional rest in September as the demand for gasoline decreases as car drivers reduce road flights.

Patrick de Han, head of oil analysis at Gasbuddy, estimates that the average national gas price may decrease to less than $ 3 per gallon.

Get Fox Business on the Go by clicking here

“The Day of Workers coincides with the end of the informal summer, and when it comes to gas prices, it was the cheapest summer to strike the road since the epidemic, a trend that is likely to continue,” De Han said in a statement.

“We have seen a significantly affordable summer to hit the road with a decrease in gas prices,” De Han said in a statement.