Gas Prices Plummet After Trump Rebuilds Ties With Saudis Biden Snubbed

Gas prices have finally fallen into territory drivers have long hoped for but rarely seen in recent years. The national average now sits at $2.98 per gallon, down 4.1 cents in a week and about 15 cents lower than a year ago. Just last month, prices were nearly 20 cents higher, and many Americans had resigned themselves to paying “$3 or more forever” under the current economic status quo.

One major factor? The global oil picture has shifted: crude recently hit five‑month lows, excess supply is forcing price discipline, and that means relief for American motorists. Patrick De Haan, head of petroleum analysis at GasBuddy, stated that the Organization of the Petroleum Exporting Countries (OPEC) “deserves much of the credit for this trend, having steadily raised oil production for much of 2025.”

But the “why” behind the supply‑side motion connects directly to how the United States engages major producers—especially OPEC members like Saudi Arabia. President Donald Trump’s dealings with the Saudis have re‑energized the U.S.–Saudi partnership. In May 2025, his administration announced a Saudi investment commitment of $600 billion in U.S. industry, energy, infrastructure, and tech. On the energy front, Saudi’s national oil champion, Saudi Aramco, announced preliminary U.S. corporate ties worth up to $90 billion on the back of Trump’s Gulf tour. That kind of alignment means Saudis have skin in U.S. production and supply reliability, which gives the U.S. far more leverage in global markets and less reliance on adversarial supply shocks.

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Contrast that with former President Joe Biden’s rhetoric.

“President Biden said he would make the kingdom of Saudi Arabia a pariah state. That was an enormous mistake,” former Secretary of State Mike Pompeo said in July 2022. “But let’s look at the facts. They are an important security partner for the United States. There’s only one country in that whole region that wants to threaten the United States of America and Israel and wipe us from the face of the earth. That’s the leadership in Iran and the kingdom of Saudi Arabia’s been an important partner in helping protect us from that threat.”

In early April 2023, Saudi Arabia, whose relationship with the United States had taken a nosedive during Biden’s tenure, announced it would lead the members of OPEC, including Russia, to cut more than one million barrels of output a day starting next month, which could cause higher U.S. inflation.

And Biden was reticent about raiding the United States’ Strategic Petroleum Reserve in order to keep customers happy. In March 2022, Biden announced that he would release 1 million barrels a day to cut the cost American consumers were paying for gas. That was the biggest withdrawal in the reserve’s 46-year-history.

Trump’s Saudi pivot has helped pay off for Americans at the pump.