Summer Travel Costs Down as Gas Prices Hit Lowest Levels Since 2021
- The summer driving season started with gas prices falling to a national average of $3.14 per gallon on June 6, 2025.
- This price drop follows a year of consistently low crude oil prices and an oil supply exceeding demand, which pushed prices down 36 cents from last June.
- Meanwhile, travel demand has softened, causing airlines to reduce flights and hotels to expect flat revenue per room, while Americans plan shorter trips and wait for better deals.
- Tiffany Funk from Point.me noted that family-friendly Gulf Coast destinations now offer more affordable summer pricing, which is usually higher during this season.
- Lower gas prices and softer travel demand suggest consumers are spending more cautiously this summer, potentially limiting economic gains in travel and fuel sectors.
20 Articles
20 Articles
Summer travel costs down as gas prices hit lowest levels since 2021
As summer travel season starts to heat up, drivers are in for a pleasant surprise: gas prices are at their lowest point since 2021.Crude oil prices have dropped nearly 25% since January, which is uncommon as the summer fuel blend usually comes with higher costs and increased demand during the peak travel season.IN CASE YOU MISSED IT | Memorial Day weekend gas prices among the lowest in decadesCurrently, supply is surpassing demand due to increas…
Gas prices decrease as summer driving season begins
The summer driving season has begun, and drivers are experiencing a decline in gas prices. The national average for a gallon of regular gasoline is now $3.14, marking a decrease of two cents from the previous week. Compared to last June, prices have dropped by 36 cents, attributed to consistently low crude oil prices this year. Currently, the supply of oil in the market exceeds demand, contributing to the lower prices. This is the lowest June ga…
New information is available on the value of the fuel for the next days.Data are published from Enap, through its weekly price report, which accounts for the costs to be considered each week.Price of the benzine since Thursday, June 5The fuel prices show the following variations:Gasolin of 93 octanes low $0.5 per litre.Gasolin of 97 octane low $0.4 per litre.Kerosene low $6.1 per litre.Diesel low $12.2 per litre.LPG for vehicle use low $26,7 per…
Since mid-February, the fuel price per litre has fallen by ten cents. Shortly before the start of the Pentecost holidays, the trend continues. Drivers can save even more if they consider some tips.
Since February, gasoline has become almost 10 cents cheaper - diesel even more. That has several reasons.
AAA: Gas prices on cruise control to begin June - WRNJ Radio
The summer driving season is underway, and while gas prices normally peak this time of year, drivers are getting a reprieve, according to AAA. The national average for a gallon of regular is $3.14, down two cents from last week. Pump prices are 36 cents cheaper than last June, thanks to this year’s consistently low crude oil prices. Currently, oil supply in the market is outweighing demand. June gas prices haven’t been this low since 2021, AAA s…
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