BALTIMORE, MD—The national average gas price is expected to be $3.02 per gallon this summer, according to GasBuddy’s 2025 Summer Travel Survey. This marks the lowest summer gas price forecast since 2003, excluding 2020 when prices were impacted by the COVID-19 pandemic. GasBuddy predicts Memorial Day gas prices to average $3.08 per gallon, the lowest since 2003*.
The decline in gas prices is attributed to lower crude oil costs, increased oil production from OPEC+, and the potential for a nuclear deal with Iran, according to GasBuddy.
Despite economic anxieties, 69% of Americans plan to take at least one road trip this summer, with the average traveler planning two trips. Many Americans are venturing far, with 40% expecting to drive over 5 hours to their destinations. Popular travel holidays include Memorial Day (52%), Independence Day (42%), and Labor Day (35%).
“While we’re forecasting the lowest summer gas prices in years, economic jitters are slightly dampening optimism — but we still expect a robust travel season, with millions of Americans hitting the road, many for extended trips,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
GasBuddy predicts that the national average gas price could fall below $3 per gallon at times later this summer, especially towards the latter half of the season.
*Excluding 2020, heavily influenced by the Covid-19 pandemic and adjusting for inflation
This article was written with the assistance of AI and reviewed by a human editor.
Photo via Pixabay
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