Trump Is Making Memorial Day Affordable Again
- Americans are paying an average of about $3.18 per gallon for regular gas on Memorial Day 2025, down from $3.60 last year, according to AAA.
- This price drop follows major supply disruptions caused by Russia's 2022 invasion of Ukraine and ongoing economic uncertainty linked to recent U.S. tariffs.
- The White House attributes the lower prices to President Trump's 2025 energy emergency executive order and policies aimed at increasing American energy production.
- However, GasBuddy's petroleum analyst Patrick De Haan said Trump's policies are not currently affecting prices, noting that lower crude costs and rising OPEC output drive prices down, while tariffs risk slowing the U.S. economy.
- The combination of factors suggests prices could fall further this summer, but lower U.S. oil output and potential Iran sanctions relief may influence future supply and demand dynamics.
28 Articles
28 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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