National average gas prices fall below $3 per gallon, lowest since 2020

Published October 20, 2025 12:59pm ET



The average price of gasoline in the United States has fallen to $2.98, hitting its lowest point since the pandemic-era low prices of 2020.

The national average gas price sits $0.152 lower than it did one year ago and $0.193 lower than just one month ago, according to a GasBuddy analysis. This follows the lowest Labor Day gas prices recorded since 2020 and falling gas prices heading into autumn.

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