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More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.
The cost of gasoline has gone up over the past 30 or so years, with only a few instances of it dropping in price. Currently, the national cost of regular gasoline is $3.47 on average, according to ...
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Nationally, the average gas price was $$3.101 a gallon as of Nov. 4, 2024, according to AAA. That was down from $3.216 a month ago and $3.494 a year ago. Some experts predict prices will continue ...
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
S&P Global Commodity Insights predicts prices at Henry Hub, the main futures contracts delivery point, will average more than $4.00 per million metric British thermal units (MMBtu) in 2025 after ...
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Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.