Gas prices drop significantly compared to Biden's presidency

In the United States, gas prices have experienced a noticeable decline recently, marking a significant change from the previous year's levels during Joe Biden's presidency. As of March 14, 2025, the national average price for a gallon of regular gas is reported to be $3.083, which shows a substantial decrease compared to the average price a year prior when it was recorded at $3.412 per gallon. This change follows a tumultuous period in February 2025, where discussions of potential tariffs by former President Donald Trump stirred fluctuations in gas prices. Amid these conditions, gas prices were observed to have fallen consistently through most of March. Compared to Biden's last day in office on January 20, when gas averaged $3.125 per gallon, the current prices indicate a declining trend that contrasts sharply with the soaring prices that characterized much of Biden's tenure. At the height of Biden's presidency, regular gas prices surpassed $5 per gallon, reaching an unprecedented average of $5.032 according to the U.S. Energy Information Association. Fuel costs did see a minor drop starting in July 2022 but remained higher than the prices during Trump's presidency across most of 2023. The current prices showcase a gradual recovery in fuel costs since then, with hopes for continued stability during Trump's upcoming second term.