Oct 29
Economy

Trump Predicts $2 Gas ‘Pretty Soon’

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Trump Predicts $2 Gas ‘Pretty Soon’

President Donald Trump says Americans could soon see $2 gasoline — a forecast that would mark a major win for U.S. energy independence and relief for consumers nationwide.

“Drill Baby Drill” Returns

Speaking during a visit to Japan, President Trump reaffirmed his administration’s commitment to expanding domestic energy production. “Our motto is drill baby drill,” he told the audience, predicting “$2 gasoline pretty soon” and calling the potential drop “bigger than a tax cut.”

The national average for regular gasoline currently sits at $3.04, according to AAA. That’s nearly identical to the $3.13 average from a year ago — and far below the $5.02 peak seen in mid-2022 under the previous administration.

Relief at the Pump and Beyond

If the president’s prediction proves accurate, the impact could be significant. Lower gas prices ease financial pressure on families and small businesses, while also cutting transportation costs for goods — a ripple effect that could help cool inflation across multiple sectors.

Energy executives have credited Trump’s pro-production stance for driving renewed confidence in the domestic market. The Permian Basin, one of America’s most productive oil fields, continues to ramp up output — a development many believe could help push prices down even further.

National Energy Dominance

Earlier this month, President Trump proclaimed October 2025 as National Energy Dominance Month, emphasizing his strategy of “maximum production, maximum prosperity, and maximum power.” His administration’s focus on boosting U.S. energy output aims to solidify America’s position as the global leader in oil and gas production — and put affordable energy back in the hands of everyday Americans.


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