Gas prices hit record Election Day high amid rollback of EV incentives
On Election Day 2025, the national average gas price reached $4.12 per gallon and diesel $6.28, the highest ever recorded for a US election, according to GasBuddy. The Strategic Petroleum Reserve has fallen to 282.2 million barrels, its lowest level in 44 years, as the Trump administration and congressional Republicans spent the past two years cutting EV incentives, halting charging infrastructure funding, and loosening fuel economy standards.