The White House on Monday highlighted a major win for American families: gas prices are dropping nationwide, giving millions of drivers long-awaited relief after years of Biden-era inflation and energy chaos.
Gas Prices Plunge Under Trump’s Return to Energy Leadership
According to the administration, the contrast between the Biden years and Trump’s second term could not be clearer.
“During Biden’s tenure, gas costs hit record highs — even after he tapped into the strategic oil reserves in an attempt to push prices down,” the White House noted.
By comparison, President Trump’s renewed focus on American energy dominance, domestic production, and pro-growth policies has placed the country on track for something not seen in nearly two decades:
➡️ Americans are set to spend the lowest share of their disposable income on gasoline in 20 years.
This is a major shift for working families, seniors on fixed incomes, and small businesses who were crushed during Biden’s inflation crisis.
Gas Prices Hit Multi-Year Lows Across the Country
New data from GasBuddy reveals just how dramatic the improvement is:
- 37 states now have average prices below $3 per gallon
- 22 states have dropped under $2.75
- Five states are under $2.50
- At least four states fell below $2, including Colorado, where prices hit a remarkable $1.69 per gallon
For millions of Americans who struggled with Biden’s record-high energy prices, these savings are immediate, measurable, and desperately needed.
More Good Economic News as Trump Policies Take Hold
The White House also pointed to several encouraging economic indicators moving in the right direction:
- National median rent has fallen for four straight months
- Weekly jobless claims reached a three-year low
- Mortgage rates are nearing their lowest level in a year
- Consumer confidence is surging nationwide
“That’s all good news for American consumers — and much more progress is on the way,” the White House said.
The administration credited the turnaround to Trump reversing destructive Biden-era policies.
“Following four years of Biden’s runaway spending, border failures, and anti-energy policies that sent inflation soaring, the tide has finally turned,” the statement said. “President Trump is fully committed to making sure every American experiences meaningful relief.”
Analyst Pushes Back on Credit — But Facts Remain Unchanged
Patrick De Haan, head of petroleum analysis at GasBuddy, told Newsweek that global factors — not President Trump — are the primary driver of falling gas prices.
“It’s happening to global prices,” he said, adding that any president might try to take credit for such news.
Still, De Haan acknowledged the key forces behind the trend:
- Refineries finishing maintenance and boosting production
- Oil prices hitting multi-year lows
- OPEC increasing output
“Combine those factors and you have a solid recipe for continued downward pressure on gas prices in the weeks ahead,” he said.
Bottom Line: Americans Are Finally Getting Relief
Even with analysts debating the cause, the bigger truth is unmistakable: Under President Trump, Americans are paying less for gas, rent, mortgages, and everyday necessities — a sharp reversal from the economic pain felt under Joe Biden.
And for millions of families, retirees, and small business owners, that relief couldn’t come soon enough.