Story perspectives
Gas Prices to Hit 20-Year Low by 2025
9/13/2025
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Story summary
- Americans will spend under 2% of their disposable income on gasoline in 2025, the lowest since 2005, excluding 2020.
- The U.S. Energy Information Administration (EIA) projects average gasoline prices at $3.10 per gallon for 2025, decreasing to $2.90 in 2026.
- Current average prices are $3.18 for regular unleaded and $4.03 for premium.
- Crude oil prices are expected to fall from $68 per barrel in August to $59 in Q4 2025, reaching around $50 in early 2026.
- OPEC+ is expected to increase output, potentially raising supply by 2.7 million barrels per day in 2025 and an additional 2.1 million in 2026.
