When Americans visit the road on Memorial Day holiday weekend, they get good news with the gas pump.
Gas prices have risen by about 20 cents per gallon since the president. Donald Trump It returned to the White House in January, according to Gasbuddy, a fuel savings platform. “All 50 states are lower than their last anniversary.”
Gas Buddy points that out Gas Price It is at the lowest seasonal (anniversary) level since 2021.
The U.S. Energy Information Administration (EIA) reports that average US retail gasoline prices for anniversary weekends are 14% lower than last year when adjusted for inflation.
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Gas prices at New Hampshire Coast stations at the start of Memorial Day Weekend in New Fields, New Hampshire on May 23, 2025. Gas Buddy reports that gas prices nationwide are at Memorial Day levels, the lowest in four years. (Fox News – Paulsteinhauser)
As of Friday, the AAA reported that the national average for regular gasoline is $3.20 per gallon.
And while gasoline prices traditionally rise towards spring and summer, they usually switch to summer petrol blends due to increased demand for summer travel and refineries. Gasbuddy Prices are expected to ease slightly towards Labor Day over the coming months.
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The fall in prices at Pump could be good political news for Trump and Republicans who are looking to defend the Senate and housing majority in next year’s midterm elections.
“The third consecutive month of gas prices have fallen,” the White House claimed last week that “workers are seeing bailouts in President Trump’s economy.”
Four months after his second job tour at the White House, Trump’s polls are slightly underwater, not most, but not all Latest National Survey Place a presidential approval rating in negative territories.
That wasn’t when Trump was launched in January, when Trump showed that his approval rate was on the water.
After President Donald Trump signed the declaration at the White House’s Oval Office on April 17, 2025 at the White House’s second job tour, most polls show Trump’s approval rating is slightly underwater. (Get McNamee/Getty Images)
It was his performance in the economy, particularly in the inflation, that was the pressing issue that kept the former president behind Trump’s overall approval assessment over the past few months. Joe Bidens Recognized ratings for most of his presidency.
Trump’s blockbuster tariff announcement in early April sparked a trade war with some of the country’s top trading partners, causing massive sales in financial markets, raising concerns about the recession.
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But the market is bounced back as Trump taps on the brakes on his controversial tariff implementation.
Republican strategist Jesse Hunt said the current prices for pumps are “active developments,” and “looking at the gas prices they are in is a testament to the energy policies the administration wants to pursue, with more money being kept in people’s pockets.”
But Daron Shaw, a University of Texas political professor and chairman, is a Republican partner in the Fox News poll, said “prices haven’t dropped much, except for gasoline prices.”
University of Texas politics professor and chairman Daron Shaw, pointing to the costs of food, said he is a Republican partner in the Fox News poll, saying “prices haven’t fallen.” (istock)
“Prices aren’t falling. It’s not clear that people will say that the absence of inflation is an economic victory. They feel that a significant portion of their money will pay for the basics,” Shaw added. “What Trump is aware is that prices must go down to ensure he can declare success.”
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Hunt, a veteran of numerous GOP presidents and statewide campaigns, said Republicans need to know how to ease some of their family budgets through everyday products like groceries, and they could control their eggs.
But pointing to Trump’s drastic tax and spending reduction package, which passed the House on Thursday slightly, Hunt said there was “a lot of hope and optimism.” The measure said it would “help additional investments” and “provide the necessary growth throughout the economy” if passed the law.
Daniella Genovese of Fox Business contributed to this report.
