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Labor Day Gas Set for Cheapest Since 2020 at $3.15 National Average

Analysts credit cheaper crude driven by an OPEC supply increase.

Overview

  • AAA reports average prices below $3 per gallon in 15 states, including Georgia, Texas, North Carolina and Iowa.
  • U.S. crude recently fell below about $64 a barrel, easing fuel costs compared with earlier this year.
  • The White House credits President Trump’s energy policies, while federal data show U.S. output near 13.4 million barrels a day and analysts highlight OPEC’s production boost.
  • GasBuddy projects a potential nationwide average below $3 this fall, with timing dependent on hurricane season and refinery reliability.
  • Regional swings persist, with a Midwest refinery outage blamed for a brief national uptick and Southern California prices climbing on unplanned maintenance to about $4.59 statewide and $4.61 in Los Angeles.