Planning a last-minute road trip? Get ready to rev your engines for less! Gas prices are set to be the lowest for Labor Day Weekend since 2020, giving your wallet a much-needed break. Is this the green light for your ultimate summer adventure?

Americans are set to enjoy the most affordable Labor Day Weekend for travel in years, with gas prices projected to plummet to their lowest levels since 2020. This significant drop offers a welcome relief for millions planning summer road trips and end-of-season getaways, underscoring a trend of increasing consumer savings at the pump as the summer concludes.

According to GasBuddy’s annual forecast, the average fuel costs for Labor Day travel are anticipated to settle around $3.15 per gallon. This figure marks a considerable decrease compared to recent years, where prices averaged $2.22 in 2020, $3.16 in 2021, $3.79 in 2022, and $3.77 in 2023. The projected $3.29 for 2024 further solidifies the trend of declining expenditure for motorists.

Patrick De Haan, head of petroleum analysis at GasBuddy, highlighted that this summer has been the most economical period for hitting the road since the pandemic. He anticipates a continued downward trajectory, with the potential for the national average to dip below $3 per gallon in the upcoming fall season, providing further relief to the US economy and everyday commuters.

While the overall outlook remains optimistic for motorists, De Haan also acknowledged lingering challenges that could influence future gas prices. These include the ongoing hurricane season and uncertainties surrounding global trade and tariffs. Despite these potential headwinds, he expressed confidence that cooler weather will naturally lead to a seasonal cooling off of prices.

The White House has also weighed in on the positive developments, with spokeswoman Taylor Rogers noting that Americans have been saving substantial money at the pump throughout the summer. She emphasized that these consumer savings align with President Trump’s promise to unleash American energy and make daily life more affordable for families across the nation.

For those embarking on a final summer road trip this holiday, the average price at the pump is expected to be approximately $3.15 per gallon. This represents a notable 14-cent per gallon reduction compared to the same holiday weekend last year, making it an even more attractive prospect for last-minute travel plans.

Despite GasBuddy’s prediction of this being the “most affordable Labor Day weekend to fill up” in five years, the platform also noted some localized refinery outages have caused gas prices to rise in certain states over the past month. This nuance suggests that while the national trend is positive, regional variations may still impact some travelers.

Ultimately, the substantial reduction in fuel costs for Labor Day travel is poised to inject a sense of financial ease into millions of households. This welcome trend, marked by significant consumer savings and improved affordability, positively reflects on the broader US economy and sets a hopeful tone for the remainder of the year.