As Americans prepare to celebrate Labor Day, there’s some good news at the gas pump. A new report shows gas prices heading into the long weekend are the lowest we’ve seen since 2020. That’s right—drivers this year are paying far less than they did just a couple of years ago, all thanks to a combination of smart energy policy, increased oil production, and a more stable global energy market.
GasBuddy, a company that tracks gas prices across the country, says the national average this Labor Day weekend is about $3.15 per gallon. That’s down from $3.29 last year and way below the $3.77 Americans paid in 2023. This marks the cheapest summer for gas since the COVID-19 pandemic.
Now, some might ask: why are gas prices falling? The answer lies in both global and domestic energy production. The United States has led the way, producing more than 13 million barrels of oil per day throughout 2025. That’s a level of energy independence our Founders would be proud of—built not by government control, but by unleashing American ingenuity and resources.
Remember, it wasn’t long ago that Washington elites tried to choke off domestic oil production in the name of climate change. Under President Trump’s leadership, however, we’ve seen a dramatic shift. Regulations have been rolled back, pipelines have been completed, and oil fields like the Permian Basin in Texas are booming again. The result is more supply, lower prices, and a stronger economy for working Americans.
Worldwide, oil prices have also dropped. A barrel of U.S. crude is now around $64, while international Brent crude is under $68. That’s a decline of nearly 10 to 11 percent this year. When oil prices fall, gas prices usually follow. And with major oil producers like Saudi Arabia and Russia increasing their output again, we can expect more stability in the months ahead.
Of course, there are still risks. Natural disasters, like the recent flooding at BP’s Whiting Refinery in Indiana, can cause temporary price spikes. Luckily, that refinery is back online, and prices in the Midwest are already settling down. Trade tensions and foreign wars can also affect the market. But thanks to America’s strong production levels and strategic reserves, we are less vulnerable to global shocks than we were a decade ago.
The Energy Information Administration, a federal agency that monitors energy trends, predicts gas prices will continue to fall through the end of the year. They expect a drop of about 35 cents per gallon from August to December. That’s a win for families, truckers, and small businesses alike.
Demand has also played a role. Even though people are still driving, the overall demand for gasoline has slipped slightly. Meanwhile, oil inventories are growing. In fact, global oil storage hit its highest level in nearly four years. That tells us the market is well-supplied, and prices may stay low for a while.
Let’s not forget the bigger picture: this is a victory for energy freedom. It proves that when government gets out of the way, the American people can meet their own needs. It’s also a reminder that the free market—when allowed to work—can lower costs far better than any top-down policy from Washington.
President Trump’s America First energy strategy has delivered real results. Lower gas prices aren’t just about saving a few dollars at the pump—they’re about restoring control to the people, not bureaucrats. They’re about letting states and communities decide how best to use their resources. And they’re about honoring the Constitution’s promise of limited government and personal liberty.
So as you fill up your tank this Labor Day weekend, remember: freedom fuels prosperity. Let’s keep it that way.
