Gas prices: Less expensive than a year ago when Biden was president

Published March 14, 2025 5:58am ET



Consumers have benefited from falling gas prices in the country recently. After several tumultuous weeks in February, when a rise in gas prices coincided with talks of President Donald Trump issuing tariffs on the nation’s North American neighbors, fuel costs have continued to trend downward for most of March. 

On Friday, the national average price for a gallon of regular gas is $3.083, according to AAA. This is substantially lower than the prices a year ago when former President Joe Biden was in office. Then, regular gas was $3.412 per gallon. Friday’s price is also cheaper than it was on Biden’s last day in office on Jan. 20, when the national average price for a gallon of regular gas was $3.125.

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