U.S. Gas Prices Projected to Decline in 2025, Continuing Multi-Year Trend

GasBuddy forecasts a national average of $3.22 per gallon in 2025, though potential tariffs and global events could disrupt prices.

Gas prices in the U.S. are expected to drop for the third consecutive year, with a forecasted national average of $3.22 per gallon in 2025, according to GasBuddy.
This would mark the lowest annual average since 2021, providing relief to consumers still grappling with elevated costs of living.
President-elect Donald Trump's proposed energy policies, including expanded oil drilling and reduced regulations, aim to lower prices further, though experts remain skeptical of his goal to bring prices below $2 per gallon.
Potential risks to stable gas prices include proposed tariffs on Canadian and Mexican imports, geopolitical instability in the Middle East, and natural disasters disrupting supply chains.
The U.S. remains the world's leading oil producer, but analysts caution that oversupply could harm the energy sector, underscoring the balance between production and market demand.