US EditionTrump Is Making Memorial Day Affordable Again
- As of Memorial Day 2025, Americans paid an average of $3.18 per gallon for regular unleaded gas nationwide, down from $3.60 a year earlier.
- This lower price partly reflects increased crude oil production by OPEC amid recent economic uncertainty from Trump's tariffs and lingering supply disruptions from Russia's 2022 Ukraine invasion.
- The White House credits President Trump's early 2017 national energy emergency order and policies to unleash American energy for these gas price declines, while analysts say the U.S. Was already drilling at record levels before his term.
- Patrick De Haan of GasBuddy suggested that while OPEC may have increased output as a gesture toward improving ties with President Trump, the administration’s policies have not yet influenced oil production. He also pointed out that the current low oil prices are contributing to a decline in U.S. Production, amid worries that tariffs might weaken the economy and reduce oil demand.
- Prices are expected to fall further this summer, with potential influences from U.S.-mediated peace efforts in Ukraine and a possible Iranian nuclear deal that could ease sanctions and increase global oil supply.
27 Articles
27 Articles
Donald Trump takes credit for lower gas prices this Memorial Day Weekend
President Donald Trump says he deserves praise for low gas prices during Memorial Day Weekend. “It’s the Trump Effect in action: gas prices this Memorial Day Weekend will be the cheapest since 2021,” the White House said in a press release. “The national nightmare that was (Joe) Biden’s war on American energy is over.” The White House cited media reports on lower gas prices ahead of the upcoming long holiday weekend. Florida Politics previously …
Memorial Day Weekend Sees Lowest Gas Prices in Recent Memory.
PULSE POINTS:What Happened: Gas prices this Memorial Day weekend are set to be the lowest since 2021, with inflation-adjusted costs hitting their lowest since 2003 (excluding COVID years), according to GasBuddy. Who’s Involved: President Donald J. Trump’s administration, GasBuddy, and millions of American travelers. Where & When: Nationwide, Memorial Day weekend 2024. Key Quote: “If you adjust for inflation and rising wages, Americans are actual…
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