Available data show that U.S. retail gasoline prices in the months after summer 2025 stayed well below the 2022–2023 highs and did not spike back to those prior levels.

• In 2022, the national average price for regular gasoline hit an all‑time high of about $5.01/gal in June, with several months averaging close to or above $4/gal. (newsroom.acg.aaa.com) In 2023, the national average also remained elevated, with multiple months around $3.80–$3.90/gal and an annual average of about $3.52/gal. (lendingtree.com)
• By contrast, in 2025, national average retail regular gasoline prices have been around $3.10–$3.17/gal through the year, with the highest months (April and September) still far below 2022–2023 peaks. (ycharts.com)
• Specifically after summer 2025 (September onward), federal and private data show monthly averages of about $3.17/gal in September and $3.06/gal in October, and weekly averages in November around $3.06/gal, with Thanksgiving 2025 national averages reported near $3.05/gal—essentially flat to slightly lower than late‑2024 levels. (bts.gov) There is no evidence of any run‑up toward the $3.8–$5.0/gal levels seen in 2022–2023.
• The Energy Information Administration and other analyses further characterize 2025 gasoline prices as lower than in recent years, with projected 2025 average around $3.10/gal, below both 2023 and 2024, and trending down into 2026. (ajot.com)

Given that, in the months following summer 2025, gas prices remained relatively low compared with the 2022–2023 period and did not spike back to prior highs, Sacks’s prediction that “low gas prices don’t seem to be going anywhere anytime soon” has been borne out over the observable near term.