President Donald Trump used a cabinet meeting this week to spotlight one of the clearest economic markers of his return to the White House: fast-dropping U.S. gas prices. Speaking confidently, Trump said Americans could soon be paying **$2 per gallon**, or “even crack” below that level, crediting his administration’s renewed focus on domestic energy output.

Trump emphasized that the only factor slowing an even more dramatic decline is the federal effort to rebuild the Strategic Petroleum Reserve (SPR)—a process he says is necessary only because the Biden administration emptied the stockpile ahead of the 2024 election. “We could do it more easily if we weren’t building up the Strategic National Reserves, which Biden emptied out before the election,” Trump noted, framing the refill as both essential and temporarily price-pressuring.

Current data backs Trump’s broader point. As of **December 2, 2025**, the national average for regular unleaded gasoline is **$2.99 per gallon**, the lowest level since 2021. Prices have dropped from **$3.04 just a week earlier**, according to AAA and EIA figures. The decline represents a roughly **10% decrease since Trump took office**, supported by expanded domestic production, streamlined permitting, and renewed confidence among American energy producers.

The president’s remarks underscore a strategic contrast between the two administrations’ energy philosophies. Trump’s team argues that unleashing U.S. oil and gas capacity not only lowers fuel costs but strengthens national security—especially vital given global instability and energy market volatility. Rebuilding the SPR, they contend, ensures the nation is protected while still allowing fuel prices to trend downward.

For millions of drivers and small businesses, the trend is tangible: cheaper fuel, greater supply stability, and optimism that prices may continue falling into 2026. Trump’s message was unmistakable—his administration is steering the country back toward affordable energy, and the numbers show it.