WASHINGTON — Labor Day gas prices are forecasted to be the lowest since 2020 — and the White House is celebrating.
The average gas price across the country is predicted to be $3.15 per gallon, according to Gas Buddy — which is a notable 14 cents lower than in 2024.
A woman is pumping gas at a gas station in California. CAROLINE BREHMAN/EPA-EFE/Shutterstock
Gas price chart showing average US prices from 2022 to 2025. GasBuddyThe last time gas was that low during the travel-heavy holiday was in 2021, when gas stood at $3.16 a gallon.
In 2020, gas was $2.22 on average.
“From Memorial Day to Labor Day, Americans have been saving significant money at the pump all summer long with the cheapest gas prices in 5 years. President Trump promised to unleash American energy and make everyday life more affordable for families, and he delivered,” White House spokeswoman Taylor Rogers told The Post.
Heavy traffic on the FDR Drive in New York City on Aug. 28, 2024. Bloomberg via Getty Images“Labor Day marks the unofficial end of summer, and when it comes to gas prices, it’s been the cheapest summer to hit the road since the pandemic, a trend that will likely continue with the potential for the national average to fall below $3 per gallon this fall,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“We’ve seen a remarkably affordable summer to hit the road with incomes up and gas prices down, but there are some challenges that remain: hurricane season and uncertainty over trade, tariffs and Russia’s war on Ukraine. However, I remain optimistic that as cooler weather invades, gas prices too, will seasonally cool off.”
