By Ethan Faverino |
As families across the nation prepared for Thanksgiving travel, gas prices provided relief at the pump, holding steady around $3 per gallon and marking the lowest levels in years.
According to data from fuel savings tracker GasBuddy and the American Automobile Association (AAA), the national average for regular unleaded gasoline has fallen significantly in 2025, with some stations even offering prices under $2 per gallon for the first time since 2021.
This year’s average price stands at $3.12 per gallon so far, down from $3.31 in 2024 and $3.52 in 2023. The decline follows a peak above $5 per gallon in June 2022, reflecting a steady downward trend that has eased the financial burdens on drivers around the country.
One year ago, the average was $3.06, matching the price of October 2025, with only minor fluctuations of a few cents this pre-Thanksgiving week.
The Trump administration has highlighted these reductions as a direct result of its energy policies since President Donald Trump’s return to the White House.
In October, the White House issued a statement celebrating GasBuddy’s report that national averages had slipped below $3 per gallon – the lowest in four years.
Head of petroleum analysis at GasBuddy, Patrick De Haan, said, “It’s pretty compelling to see gas prices this low, falling ahead of Thanksgiving, and it signals what more Americans could experience in the coming months. Lower seasonal demand, falling oil prices, and rising OPEC output are all pushing prices down. While a few stations have recently dipped below $2 through temporary offers and promotions, this marks the first time we’ve seen a regular sub-$2 price.”
The lowest gas price in the country is now $1.99, available at four stations in Midwest City, Oklahoma, part of the Oklahoma City metro area. Reported on Monday, November 24, these are the first prices below $2 nationwide without discounts or promotions, marking the lowest U.S. prices since 2021.
In Arizona, gas prices have remained remarkably stable in recent weeks, with the current average for regular unleaded at $3.336 per gallon – just 4 cents below what it was a week ago ($3.380). Compared to October ($3.339), regular prices have essentially held flat, while showing a modest year-over-year increase of 12.2 cents from $3.214.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
