PRICE CHECK: Americans see lowest price at the gas pump—$2.92/gallon—in over 4 years under Trump admin

Price Check is a new regular series tracking affordability in America.

Americans are seeing cheaper gas prices at the pump under the Trump administration, with prices hitting their lowest amount since the beginning of the Biden administration, nearly five years ago.

GasBuddy head of petroleum analysis Patrick De Haan wrote on Sunday, "According to GasBuddy data, the national average has just slipped below $2.90 per gallon for the first time since May 2, 2021." He added, "At the current level of $2.897/gal (according to GasBuddy), the national average price of gasoline is at its lowest level in 1,680 days."

While prices have ticked up slightly since De Haan’s Sunday post, sitting at a national average of $2.92 on Tuesday afternoon, the price is still down compared to the highs seen under the Biden administration.

The highest average recorded by GasBuddy was set on June 16, 2022, when the national average reached $5.034 per gallon. The highest average seen in 2024, the last full year of the Biden administration, was on April 20, when the national average hit $3.700 per gallon. The highest average seen in 2025, for comparison, was around 50 cents cheaper, at $3.264 per gallon on April 4. The lowest average seen under the last year of the Biden administration was on December 9, 2024, at $2.977 per gallon.

Oklahoma has the cheapest average price per gallon as of Tuesday afternoon at $ 2.292, followed by Texas, Colorado, Arkansas, and Mississippi as the top five cheapest. Hawaii has the most expensive gas prices in the United States, at $4.437 per gallon, with California being the most expensive in the continental United States, at $4.414 per gallon.

Ahead of Thanksgiving, the White House said that gas prices for the holiday had fallen to its lowest level since the pandemic, with around 30 states across the country having prices below $3 per gallon.

White House spokesperson Taylor Rogers told Politico in a statement in November, "There is no disputing the fact that President Trump’s energy dominance agenda is the reason Americans are paying less at the gas pump. ident Trump has rolled back Biden’s burdensome regulations which has allowed oil and gas companies to ‘DRILL, BABY, DRILL’ to capitalize on the liquid gold under our feet."

White House spokesperson Taylor Rogers told Politico in a statement in November, "There is no disputing the fact that President Trump’s energy dominance agenda is the reason Americans are paying less at the gas pump. ident Trump has rolled back Biden’s burdensome regulations which has allowed oil and gas companies to ‘DRILL, BABY, DRILL’ to capitalize on the liquid gold under our feet."

De Haan, however, said to Newsweek that it wasn’t the Trump administration’s actions that have led to the drop. "Trump is not the reason for the drop—it's happening to global prices—though I’m sure like any politician, he may try to take credit for the good news, but it’s effectively not his credit to take. Continued seasonal factors—refineries finishing maintenance and now boosting output, as well as oil prices being near multi-year lows."